President John Dramani Mahama has officially opened the National Economic Dialogue 2025 at the Accra International Conference Centre, promising bold economic reforms, transparency, and sustainable policies to rescue Ghana from its current financial challenges.
The high-profile event, attended by policymakers, business leaders, economists, and civil society representatives, aims to address the country’s economic difficulties and chart a path toward long-term stability and growth.
President John Mahama acknowledged Ghana’s economic struggles, including rising debt, high unemployment, a weakened manufacturing sector, and over-reliance on food imports.
In his keynote address, he assured the nation that his administration is committed to reversing these trends through sound economic management, industrialization, and job creation initiatives.
“We cannot allow Ghana to remain in a cycle of debt, stagnation, and dependency,” he stated. “My government is committed to reviving the economy, restoring confidence in our financial system, and creating sustainable opportunities for our people—especially the youth.”
He pledged to Boost local industries to reduce imports and promote value addition, investing in agriculture to enhance food security, strengthening state institutions to eliminate corruption and inefficiencies, empowering the private sector as the engine of economic growth.
President Mahama placed a strong emphasis on transparency and accountability, acknowledging that Ghana’s economic problems have been worsened by corruption, mismanagement, and weak institutions.
“Economic progress cannot happen in an environment where public funds are misused and institutions are compromised,” he said. “We are taking firm steps to strengthen oversight mechanisms and ensure that every cedi is used for the benefit of Ghanaians.”
He promised to implement strict anti-corruption measures and enhance government efficiency, ensuring that public resources are directed toward productive investments rather than wasteful expenditures.
President Mahama also urged political parties, civil society, and the private sector to work together in finding solutions, emphasizing that economic recovery requires collective effort.
He criticized the culture of political rivalry that often undermines national development, calling for constructive engagement and patriotism.
“As we mark 68 years of independence, let us put Ghana first,” he appealed. “Our country’s progress should not be hindered by political differences. It is time to unite for the sake of our economy and our future.”
The National Economic Dialogue 2025 will continue with expert discussions and policy recommendations aimed at stabilizing the economy and fostering sustainable growth.
Story by Freedom Lavoe.
