President John Dramani Mahama has reassured Ghanaians that his administration’s economic stabilization efforts are beginning to yield results, citing improvements in the local currency’s performance and a gradual reduction in the prices of goods and services.
Speaking during his Thank You Tour in the Upper West Region, President Mahama emphasized his government’s commitment to prioritizing fiscal discipline.
“Since taking over the reins of government, our focus has been on stabilizing the economy,” he stated, referencing the March 2025 budget, which focused on reducing expenditure and redirecting funds to priority programs outlined in his campaign manifesto.
President Mahama also commended the Minister of Finance and the Governor of the Bank of Ghana for their efforts in ensuring close collaboration and coordination in navigating economic challenges.
Expressing optimism, he stated, “I’m sure that by the time the Honorable Minister comes back to Parliament to present his mid year budget review in August, we will have more good news for Ghanaians.”