Our Economy Exhibiting Signs of Stability, we shall Navigate the Challenges- Mahama
In a testament to the country’s unwavering resolve, President John Dramani Mahama has expressed renewed optimism regarding Ghana’s economic trajectory, asserting that the country is exhibiting unmistakable signs of macroeconomic stability after navigating a protracted period of economic turbulence.
Addressing a gathering of esteemed business leaders at the Kwahu Business Forum on April 19, 2025, President Mahama acknowledged the profound challenges that have beset the country, yet remained resolute in his conviction that Ghana will successfully surmount its economic hurdles.
“We are cognizant of the myriad challenges our nation has confronted in recent years, but I am sanguine and I reiterate this with utmost sincerity – that we will decisively turn the corner and embark on a trajectory of sustained growth,” President Mahama assured the forum participants.
Citing the gradual diminution of inflationary pressures and notable signs of currency stabilization as tangible evidence of progress, he attributed these gains to prudent economic stewardship.
“Through this disciplined approach, we shall restore a considerable measure of confidence in our economy, thereby fostering an environment conducive to business growth and development,” Mahama emphasized.
However, President Mahama prudently cautioned that mere economic recovery is insufficient, stressing the imperative need for bold, sustained, and multifaceted efforts to transform the economy into a resilient, inclusive, and productive powerhouse.
“This ambitious objective cannot be realized without a financial sector that functions efficaciously for every Ghanaian enterprise – from the humble roadside vendor to the large-scale industrialist,” he underscored.
In outlining his comprehensive vision for Ghana’s business environment, President Mahama unveiled plans for a targeted initiative aimed at revitalizing investor confidence.
This strategic programme, he elucidated, would entail enhancing transparency, streamlining bureaucratic processes, and promoting a rules-based investment climate, thereby creating a fertile ground for business growth, innovation, and development.