Ghana’s President, H.E John Dramani Mahama, has firmly asserted that his administration has rescued the country’s economy from an economic recession and made it prosperous.
He made this assertion during his speech at the 80th General Assembly of the United Nations (UN), in New York.
President John Dramani Mahama declared Ghana’s dramatic economic recovery as proof that Africa is ready for a global resurgence. In a confident address to world leaders, Mahama highlighted his administration’s success in lifting Ghana from economic crisis within just nine months of returning to power.
According to His Excellency, when he returned to office in January 2025, Ghana was facing high inflation, a declining currency, and low public morale. His administration launched the Reset Agenda, a comprehensive transformation plan aimed at rebuilding Ghana’s economic foundation and restoring investor confidence.
‘’My new administration settled down quickly and embarked on an ambitious program of comprehensive transformation designed to restructure Ghana’s economic foundation and enhance our competitive standing globally which we refer to this process of recalibration as our reset agenda,’’ he said.
Further into his address, President Mahama gave an account of how well the Ghana cedi is doing recently and the reduction in inflation so far, highlighting the tangible impact of his administration’s Reset Agenda.
He spoke with conviction about the strides made in stabilizing the economy, particularly in curbing inflation and strengthening the national currency, two critical indicators of recovery that had once threatened the country’s financial stability.
‘’In just eight months, we have achieved a significant reduction in inflation, from 23.8% in 2024 to 11.5% in August 2025, restoring price stability for our citizens. Additionally, the Ghana cedi has appreciated considerably against other currencies, with Bloomberg reporting it as the best-performing currency in the world at one point,’’ he added.
Source:Mybrytfmonline.com/Mirabel Serwa Asante
