President John Dramani Mahama has expressed optimism about Ghana’s economic recovery, stating that efforts by his administration to stabilize the economy are beginning to yield tangible results.
Speaking during his Thank You tour at the Wa Jubilee Park in the Upper West Region, President Mahama reassured Ghanaians of his government’s commitment to resetting the economy.
He pointed to recent improvements in the performance of the local currency and a gradual reduction in the prices of goods and services as clear signs of progress.
“Our efforts are beginning to pay off,” the President noted.
“The signs are visible in the strengthening cedi and the slight but consistent decline in market prices. We are confident this trend will continue.”
He credited the gains to the effective coordination between the Ministry of Finance, led by Dr. Cassiel Ato Forson, and the Bank of Ghana under Governor Dr. Johnson Asiama.
According to him, the close collaboration between the two institutions has been vital to steering the country toward recovery.
President Mahama further stated that he is hopeful the economic outlook will improve significantly by August when the Finance Minister is scheduled to present the mid-year budget to Parliament.
“I believe that by the time the Finance Minister goes back to Parliament for the mid-year budget presentation, things will be far better than they are currently,” he emphasized.
The remarks come as part of the President’s nationwide tour to thank Ghanaians for their continued support and to outline the government’s ongoing development agenda.
