Mahama Highlights Economic Recovery, Says Ghana Regaining Stability and Investor Confidence

President John Dramani Mahama has touted what he describes as significant economic progress, asserting that Ghana’s economy is stabilising and regaining the trust of investors.

Addressing Parliament on Friday, February 27, during his State of the Nation Address, the President struck an optimistic note while outlining policy interventions undertaken over the past year to steer the country toward recovery.

Before an audience made up of Members of Parliament, senior government appointees, diplomats and invited guests, President Mahama said his administration had made bold and, at times, difficult policy choices aimed at restoring fiscal credibility and strengthening the broader economy.

Reflecting on his previous appearance before the legislature, he reminded lawmakers of his commitment to implement decisive reforms to reverse instability and reposition the country for sustainable growth. According to him, those measures are beginning to yield results.

The President indicated that key economic indicators are trending positively, signalling renewed business confidence and clearer prospects for expansion. He emphasised that his government deliberately opted for prudent financial management, structural reforms and policy consistency as the foundation for recovery.

He explained that restoring macroeconomic balance required strong leadership, expenditure controls and a renewed emphasis on accountability in public finance. Measures introduced, he noted, were designed to curb excessive spending, improve efficiency and ensure that state resources deliver measurable outcomes.

President Mahama further stated that tackling long-standing structural weaknesses demanded confronting systemic issues directly, rather than attributing setbacks solely to external pressures. He maintained that reforms implemented by his administration are intended to promote resilience, attract investment and secure long-term economic growth.