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Ghana Has Moved from Economic Vulnerability to Recovery President Mahama Declares

President John Dramani Mahama has told the international community that Ghana has moved from a period of economic vulnerability to what he described as sustained recovery, resilience and growth.

Speaking at the 81st Session of the United Nations General Assembly in New York on Thursday, September 24, 2026, President Mahama attributed the turnaround to what he described as disciplined governance, fiscal prudence and an uncompromising fight against corruption.

He said Ghana’s macroeconomic stabilisation measures had restored economic growth, drastically reduced inflation, stabilised the national currency and significantly lowered the country’s public debt burden.

“Indeed, some circles describe it as the Ghanaian miracle,” President Mahama said.

According to him, Ghana’s economic recovery has been independently validated by multilateral financial institutions and major international credit rating agencies.

He, however, cautioned that macroeconomic indicators alone were insufficient if they did not improve the living conditions of ordinary citizens.

“But, Mr. President, macroeconomic indicators mean little if they do not translate into real improvements in our people’s daily lives,” he said.

President Mahama said his administration is therefore pursuing an aggressive national infrastructure programme under the Big Push initiative, focusing on roads, digital connectivity, schools and health facilities.

He said the investments are intended to bridge the rural-urban divide, unlock agricultural potential and improve access to basic services.

The President also highlighted the government’s 24-hour Economy and Accelerated Export Development Programme, as well as the soon-to-be-launched New Ghana Economy Policy, saying they are designed to transform Ghana into an industrial, high-productivity hub.

He said the government is incentivising round-the-clock commercial operations, promoting value addition in agriculture and mining, and seeking to create sustainable jobs for young people and women.

President Mahama’s comments form part of his broader presentation of the Resetting Ghana agenda to the international community during his participation in the 81st UN General Assembly.

The Presidency has separately highlighted the administration’s efforts to secure international partnerships on trade, technology and economic support during the UNGA engagements.

Story by: Emmanuel Romeo Tetteh(#RomeoWrites✍️)/ Presidential Affairs Correspondent | Ghana 🇬🇭

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