President John Dramani Mahama has disclosed that his administration assumed office at a time when Ghana was grappling with deep economic distress and severe governance challenges, requiring urgent and far-reaching reforms to stabilise the country.
Addressing members of the Ghanaian community during his official three-day state visit to Zambia, the President reflected on the state of the nation when he was sworn into office on January 7, 2025.
According to President Mahama, the challenges cut across critical sectors of the economy and public administration, leaving the country struggling to regain confidence both locally and internationally.
“We inherited a country that was sick. The economy was in crisis, and governance was in tatters. We faced significant problems in health, education, and agriculture, and our debt-to-GDP ratio had risen above 100%. Investor confidence had collapsed, and Ghana struggled to access international financial support,” President Mahama stated.
He explained that the circumstances confronting his government made it clear that incremental changes would not be sufficient, stressing the need for a comprehensive reset of national systems and institutions.
“Our objective was not only to win an election but to reset Ghana in all sectors, like rebooting a computer to make it work properly again.”
President Mahama further emphasised that his administration remains focused on restoring stability, rebuilding confidence in public institutions, and reviving the economy to place the country on a sustainable path of growth and development.
