John Dramani Mahama is the President of Ghana
President John Dramani Mahama has assured Ghanaians that the country is gradually recovering from the economic and social difficulties it faced over a year ago, saying Ghana is making steady progress after a year of reforms and careful economic management.
In his New Year address to the nation on January 1, 2026, President Mahama said his administration inherited an economy in distress, with high unemployment, weak growth, deteriorating infrastructure, and declining public confidence.
He said while some analysts believed the recovery would take many years, the government acted quickly, relying on the resilience of Ghanaians to stabilise the economy and restore hope.
FULL TEXT: President Mahama’s vision for 2026
According to the president, inflation has fallen sharply from more than 23 percent at the end of 2024 to a projected single-digit level of about five percent by the end of 2025.
“Ghana is rising again after 12 months of reforms and prudent economic management,” he said.
He added that the cedi has remained relatively stable, placing Ghana among the better-performing currencies globally in 2025.
President Mahama said economic growth is picking up, creating opportunities for young people and improving the business environment.
Ghana cedi makes historic gains against the US dollar – Report
He noted that increased domestic and foreign investment reflects renewed confidence in the economy and Ghana’s credibility with international partners.
He said the government has renegotiated Ghana’s debt obligations to ensure long-term sustainability while protecting national sovereignty and disclosed that the country has begun steps to exit the International Monetary Fund programme as an equal partner.
President Mahama urged Ghanaians to remain united and hopeful as the country continues its recovery in the year ahead.
MRA/AE
Meanwhile, watch some 2026 prophecies by Apostle Dr Isaac Owusu Bempah below:
