John Dramani Mahama has declared that Ghana’s economy is regaining stability and investor confidence, telling Parliament that the country is “back and ready for business.”
Delivering his 2026 State of the Nation Address on Friday, February 27, the President struck an optimistic tone as he reviewed measures taken over the past year to stabilise the economy and rebuild public trust.
Addressing Members of Parliament, government officials, the diplomatic corps and invited guests, President Mahama said his administration made tough but necessary choices to restore credibility.
“I told this august House when I appeared before you last year that we needed to take tough decisions to restore credibility and stability, and I can say with confidence today that Ghana is back and ready for business,” he said.
Focus on Discipline and Reform
The President stressed that macroeconomic stability did not happen by chance but required firm leadership and sacrifice.
According to him, his administration deliberately chose “discipline over waste” by cutting unnecessary expenditure and demanding value for money in public spending.
He added that selecting “reform over excuses” meant confronting structural weaknesses directly instead of attributing challenges to external pressures. The approach, he noted, involved implementing corrective policies aimed at building long-term resilience and sustainable growth.
Strengthening the Fundamentals
President Mahama said key economic fundamentals are showing signs of improvement and that the direction for sustained acceleration is now clear.
He maintained that restoring confidence among investors and development partners required consistent fiscal discipline, prudent management of public resources, and a transparent policy framework.
With renewed stability taking shape, the President assured Ghanaians that the government remains focused on consolidating gains, strengthening institutions, and creating conditions for inclusive growth.