President John Dramani Mahama has hailed what he described as significant economic progress under his administration, asserting that Ghana has regained stability and renewed investor confidence.
Delivering his State of the Nation Address in Parliament on Friday, February 27, Mahama struck an optimistic tone as he reviewed measures taken over the past year to revive the economy. Addressing lawmakers, government officials, diplomats, and invited guests, he said his government had made tough but necessary choices to rebuild trust and credibility.
“I told this august house then, when I appeared before you last year, that we needed to take tough decisions to restore credibility and stability, and I can say with confidence today that Ghana is back and ready for business,” Mahama declared.
“The fundamentals are improving, and the path to sustain acceleration is very clear to everyone. From the outset, we resolved to choose discipline over waste, reform over excuses, and stability over speculation,” he added.
The President explained that achieving macroeconomic stability required firm leadership and sacrifice, with a deliberate emphasis on fiscal discipline to curb spending and strengthen public confidence.
According to him, choosing “discipline over waste” meant cutting unnecessary expenditure and ensuring value for money in public projects. He further noted that prioritizing “reform over excuses” involved tackling structural challenges directly rather than blaming external factors, while implementing corrective policies designed to secure long-term resilience and growth.
Mahama’s remarks underscored his administration’s commitment to consolidating economic stability and positioning Ghana as a reliable destination for investment.
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