President John Dramani Mahama has expressed optimism about the country's economic trajectory, hinting at more positive developments ahead of the mid-year budget review in August. "I am sure that by the time the Honorable Minister comes back to Parliament to present his mid-year review budget in August, we will have even more good news for Ghanaians," the President said when he addressed a durbar of Chiefs and people of Wa on Thursday, May 15, as part of his Thank-You tour following his 2024 election victory.
Mahama emphasised that the government's primary focus has been on stabilizing the economy. "I am happy to report to you that our efforts to stabilise the economy have begun to yield results," Mahama stated.
He highlighted the improved performance of the local currency and a gradual reduction in the prices of goods and services as signs of success.
The President took time to commend the Minister of Finance and the Governor of the Bank of Ghana, along with their teams, for their close collaboration in driving the economic recovery. "I wish to commend the Honorable Minister of Finance and the Governor of the Bank of Ghana, along with their teams, for the close collaboration and coordination they are displaying in this economic turnaround," Mahama added.
