The Eastern Regional Youth Organiser, Mr. Richard Etornam Nyarko, has cited economic growth and expanding economic freedom as key achievements of President John Dramani Mahama’s administration within its first year in office.
According to Mr. Nyarko, improving macroeconomic indicators and decisive policy shifts point to a period of recovery and renewed direction. He said the administration has implemented reforms that have stabilised the economy and reversed negative trends inherited at the start of its tenure.
He highlighted the abolition of several taxes, including the Electronic Levy (E-Levy), Betting Tax, and Emissions Levy, describing the move as a fulfilment of campaign promises aimed at easing the financial burden on households and businesses. These measures followed parliamentary approval and presidential assent to bills such as the Electronic Transfer Levy (Repeal) Act and the COVID-19 Health Recovery Levy Repeal Act.
Mr. Nyarko explained that the tax repeals form part of a broader fiscal reform agenda designed to stimulate economic activity, lower the cost of living, and rebuild public confidence in economic management.
He noted that inflation reportedly declined from over 23 percent at the beginning of 2025 to near single digits by the end of the year, while the cedi appreciated against major international currencies after a period of sharp depreciation.
He further stated that President Mahama has restored business and investor confidence, attracting increased investment into key sectors of the economy.
He added that the government’s decision to adopt a lean administrative structure by reducing the number of ministers and enforcing fiscal discipline has helped curb public expenditure and manage national debt.
Mr. Nyarko also pointed to the government’s flagship 24-hour economy policy as a major intervention reshaping national economic discourse. He said pilot programmes in ports, logistics, and selected public services have improved turnaround times, signalled job creation potential, and enhanced asset utilisation.
While acknowledging these gains, Mr. Nyarko said the administration must ensure that macroeconomic stabilisation translates into broad-based structural transformation that delivers tangible benefits to ordinary Ghanaians.
He concluded by urging political appointees to avoid corruption and uphold accountability, stressing the need for strong anti-corruption measures to protect public trust and sustain economic progress.
Story: Nyamebeye Kofi Ansah Sasraku