President John Dramani Mahama has reaffirmed his government’s firm commitment to transparency and accountability as the cornerstone of Ghana’s economic recovery, assuring investors of a stable and credible environment for sustainable development.
Addressing members of the diplomatic corps and a visiting German delegation led by President Frank-Walter Steinmeier, who is on a three-day state visit to Ghana on Tuesday, November 3, 2025, President Mahama highlighted the strides made in stabilising the economy and boosting investor confidence.
He noted that his administration’s ongoing economic and structural reforms have created a stronger foundation for investment and growth.
“At the domestic level, Ghana has made remarkable progress in economic stabilisation and structural reforms,” President Mahama said.
“Through fiscal discipline, energy sector reforms, industrial modernisation, and agricultural transformation, we have restored confidence in our economy and built the base for inclusive, sustainable growth.”
The President revealed that the Ghanaian cedi is now among the best-performing currencies worldwide, signalling renewed investor confidence and sound monetary management. He further noted that inflation has dropped significantly from 23% in December 2024 to about 9% as of September 2025.
“Over the same period, GDP growth has risen from 5.1% in the first half of 2025 to 7.3% in the second quarter. These figures demonstrate that Ghana is once again ready and open for business,” he said.
President Mahama reaffirmed that his administration remains committed to building a resilient, diversified, and transparent economy that fosters long-term investment and generates employment opportunities for Ghanaians.
No comment yet, add your voice below!