President John Dramani Mahama has revealed that he took over a struggling economy burdened by debt and mismanagement.
Delivering the State of the Nation Address (SONA) yesterday, he painted a grim picture of the financial situation, emphasizing that several state-owned enterprises are drowning in debt, making governance even more challenging.
He assured Ghanaians that despite the difficulties, his administration is committed to implementing strategic measures to restore economic stability, attract investment, and ease the financial burden on citizens. Mahama urged the public to remain patient as his government works toward long-term economic recovery.
LISTEN TO THE AUDIO BELOW:
Audio PlayerMahama refuted claims by the opposition New Patriotic Party (NPP) that they had left a strong financial buffer to support the payment of matured bonds and interest coupons for bondholders.
He insisted that contrary to the NPP’s assertions, the economy was in distress when he assumed office, with depleted reserves and mounting fiscal challenges.
LISTEN TO THE AUDIO BELOW:
Audio PlayerStory by: Osei Akoto (Teacher Kojo) #ahotoronline.com/oseiakotor1@.com
