President John Dramani Mahama has declared that Ghana’s economy is regaining stability and moving back onto a growth trajectory, telling Parliament that “Ghana is back” and “Ghana is working again.”
Presenting the 2026 State of the Nation Address on Friday, 27 February, he acknowledged that the recovery process had been difficult but insisted that the government’s policy interventions are beginning to produce visible results. He reiterated his determination to reverse the country’s economic challenges and ease the burden on citizens.
Reflecting on earlier assurances to reset the economy, the President said he had remained committed to steering the nation back toward growth, progress, and development, just as he had addressed crises in the past. He emphasised that decisive and sometimes difficult measures were necessary to restore stability and rebuild credibility.
According to him, the government chose fiscal discipline and structural reforms over wasteful spending and short-term fixes. He noted that stabilising public finances was the immediate priority upon assuming office. Measures taken included tightening expenditure controls, enhancing transparency in reporting government obligations, and conducting a comprehensive audit of financial commitments made in 2024.
President Mahama told lawmakers that these steps have started to yield significant improvements, with key economic indicators showing encouraging signs. He maintained that the foundation has now been laid for sustained growth and renewed investor confidence, declaring that Ghana is open for business.
As the country prepares to celebrate its 69th Independence Anniversary, the President expressed optimism about the future. He said the government’s “Resetting Ghana” agenda is delivering results and positioning the nation for takeoff, urging citizens to look ahead with hope as the country advances on a path of inclusive growth, responsible governance, and long-term prosperity.