In a powerful address at the National Economic Dialogue (NED) 2025 on Monday, March 3, President John Dramani Mahama called for a unified approach to tackle the nation’s economic challenges and reset Ghana’s financial future. Speaking before a gathering of economists and key stakeholders at the Accra International Conference Centre, Mahama outlined his administration’s bold vision for economic recovery and emphasized the importance of collaborative action in overcoming the current economic crisis.
“This gathering is more than just a symbolic exercise or the fulfilment of a campaign promise; it is a decisive step in our collective responsibility to reset Ghana’s economy, restore confidence, and build the prosperous future we all envision,” Mahama said, stressing the need for collective effort across all sectors.
Highlighting the deep economic crisis inherited from previous administrations, Mahama described the economic situation as “a state of deep crisis,” burdened by high debt, inflation, and dwindling investor confidence.
He attributed these issues to years of reckless spending, excessive borrowing, and weak leadership, which have placed Ghana in its current financial predicament.
“We must enforce responsible public financial management and ensure fiscal discipline at all levels of government, while working to reduce hardships for our people,” Mahama added, reinforcing his commitment to restoring macroeconomic stability through sound financial practices.
The President also spoke about the vital role of the private sector in Ghana’s recovery. His administration, he said, would push for structural reforms to empower the private sector as the engine of growth, fostering job creation, innovation, and economic resilience.
Source:Mybrytfmonline.com/Gumedzo Isaac Acheampong
