Highlights from President John Mahama’s State of the Nation Address

In his first state of the nation address, President John Mahama addressed urgent economic challenges facing Ghana, focusing on reducing governmental costs, increasing ministerial efficiency, and tackling the nation’s high debt levels. He called for rapid approval of deputy ministers and announced plans to engage in a national economic dialogue to address the economic crisis, aiming for a path toward growth and prosperity.

In his inaugural state of the nation address since assuming office in January 2025, President John Dramani Mahama addressed the Ghanaian Parliament and the nation on February 27. Having been elected for a second term following his loss in the 2017 elections, President Mahama highlighted critical issues facing the nation, particularly regarding the economic situation, debt levels, and governance reform.

The president emphasized the need for legislative expediency, urging Parliament to promptly approve his nominees for deputy ministers to enhance governance efficiency. He noted that this swift action demonstrates the achievements possible when collaborating for the nation’s benefit. Furthermore, he plans to implement a leaner cabinet to reduce governmental costs.

President Mahama reiterated that he intends to reduce the number of ministers and staff in his administration significantly. He believes this reduction is essential in light of Ghana’s growing debt and the public’s concerns regarding governmental expenditure. Additionally, he expressed that such actions would set an example in efforts to diminish the budget deficit.

During the address, Mahama declared, “The state of our nation is not good at all. Our economy is in crisis and our people are suffering hardships that they do not expect.” He underscored the upcoming national economic dialogue as a crucial opportunity to present the true economic conditions facing the country.

He reflected on his past success in resolving power shortages and promised to similarly address the current economic challenges, expressing his commitment to “fix the economic crisis our country is facing and reset it on a path of growth and prosperity.” However, he pointed out the staggering public debt of 721 billion cedis and the substantial debts owed by various state-owned enterprises as barriers to infrastructure improvement.

The president noted that the government’s mismanagement of resources has contributed significantly to Ghana’s financial struggles and stated his dedication to reviewing the International Monetary Fund support program. He concluded by announcing the establishment of a new minimum wage for workers and other initiatives aimed at advancing the nation’s economic standing.

President Mahama’s address underscored pressing economic challenges within Ghana, including high debt levels and the need for significant government reform. By committing to a leaner government and engaging in national dialogue, he aims to restore stability and foster growth. His call for immediate legislative action and his focus on addressing the economic crisis demonstrate his dedication to effective governance and national recovery.

Original Source: www.bbc.com