Tamale, April 19, – President John Dramani Mahama has assured Ghanaians that the national economy remains stable and resilient, despite prevailing global uncertainties and external shocks.
He said prudent fiscal management, controlled inflation and sustained investment in infrastructure were clear signs that the economy was on a steady path.
“The country’s economy is in safe hands. The economy is resilient and despite the external events taking place, our economy is still sound and strong,” he stated.
President Mahama gave the assurance at a durbar in Tamale dubbed: “Accounting to the People,” as part of his two-day Resetting Ghana Tour of the Northern Region.
The event brought together chiefs, residents and government officials, with sector ministers outlining achievements and ongoing interventions over the past year.
He noted that while many countries continued to grapple with rising fuel prices and supply disruptions due to global developments, Ghana had managed to stabilise petroleum prices to cushion citizens and limit inflationary pressures.
The President said inflation, which stood above 24 per cent when his administration assumed office, had been reduced to below four per cent through disciplined economic policies.
He added that government remained committed to sustaining the gains and ensuring long-term macroeconomic stability.
President Mahama acknowledged that Ghana currently lacked access to the international capital market following its debt default, but said the government had successfully relied on domestic resources to finance critical development projects.
He cited ongoing road construction across the country as evidence, noting that about 2,000 kilometres of roads were being undertaken simultaneously, including key highways and link roads between regional and district capitals.
According to him, the ability to sustain such large-scale infrastructure development without external borrowing underscored the resilience of the economy.
He reaffirmed government’s commitment to responsible economic management and continued investment in initiatives that would drive growth and improve livelihoods.
GHBUSS
19 April 2026
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