CONFIDENCE RESTORED, GHANA’S GROWTH ACCELERATING – President Mahama Assures Investors
President Touts Cedi as One of World's Best Performers, Highlights Sharp Drop in Inflation and Rising GDP
President John Dramani Mahama has declared that his administration has successfully restored confidence in the Ghanaian economy, which is now demonstrating accelerated growth and stability.
Speaking at a meeting with a visiting German delegation led by President Frank-Walter Steinmeier and members of the diplomatic community on Tuesday, November 3, 2025, President Mahama reiterated that transparency and accountability remain the central pillars of his government’s economic agenda.
“At the domestic level, I am proud to report that Ghana has made significant progress in economic stabilisation and structural reforms,” President Mahama stated. “Through sustained fiscal discipline, bold energy sector reforms, industrial modernisation, and agricultural transformation, we have restored confidence in our economy and laid a solid foundation for inclusive and sustainable growth.”
The President presented a suite of positive economic indicators to back his claims, positioning Ghana as a prime destination for investment. He announced that the Ghanaian cedi has become one of the best-performing currencies globally, a direct reflection, he said, of growing investor confidence and effective monetary management.
Further detailing the economic turnaround, President Mahama revealed a dramatic drop in inflation, which has fallen from 23% in December 2024 to approximately 9% as of September 2025.
Perhaps the most striking figure was the growth in Gross Domestic Product (GDP). “Over the same period, GDP growth has increased from 5.1% in the first half of 2025 to 7.3% in the second quarter,” the President announced.
He concluded with a powerful message to the international community: “These indicators send a clear message to our international partners and investors that Ghana is ready and open for business again.” President Mahama reaffirmed his government’s focus on building a resilient and diversified economy capable of attracting long-term investment and creating jobs for Ghanaians.
Source:NKONKONSA.com
