President John Dramani Mahama says his administration’s decisive interventions have stabilized the economy, revitalized the energy sector, and eased the cost of doing business for Ghanaians.
Speaking at his Presidential Media Encounter on Wednesday, September 10, the President credited what he described as a “prudent and people-centred economic management plan” for delivering tangible improvements in the lives of citizens.
“We’ve rescued our power sector and averted the ‘dumsor’ crisis, which was handed over to us. Inflation has dropped to a record four-year low, signaling renewed macroeconomic stability,” President Mahama said.
He highlighted the removal of nuisance taxes, stabilization of the exchange rate, and targeted policies to reduce the cost of doing business as key achievements of his government.
On social services, the President pointed to the highest budget allocation to basic education in nearly five years. In the health sector, he noted that funds have been released to sustain the National Health Insurance Scheme (NHIS), while medical supplies are being delivered steadily to facilities nationwide.
Mr. Mahama also announced the creation of the Ghana Medical Trust Fund, which will provide financial support for citizens battling chronic illnesses.
“Only yesterday, I approved the governing board of the Ghana Medical Trust Fund, which the Honourable Minister of Health will soon inaugurate,” he disclosed.
Touching on agriculture, he said government is expanding irrigation systems, reviving the Land and Farm Bank project, and introducing youth-focused initiatives to ensure food security and position Ghana as an export-competitive economy.
In the digital space, the President cited the launch of the “1 Million Coders” initiative as a strategic move to prepare Ghanaian youth for opportunities in the global digital economy.
“These strides are not isolated. They are part of a clear, deliberate national reset that is restoring hope, creating opportunity, and ushering in an era of shared prosperity for all,” Mr. Mahama concluded.
