President John Dramani Mahama has assured Ghanaians that the country is steadily recovering from the economic and social challenges it faced last year, declaring that Ghana is “rising again” after 12 months of reforms and prudent management.
In his New Year’s address to the nation on January 1, 2026, President Mahama reflected on the situation his administration inherited, describing a nation beset by a weak economy, high unemployment, deteriorating infrastructure, eroded public trust, and widespread loss of hope.
He acknowledged that while some analysts had predicted that recovery would take a generation, his government placed confidence in the resilience of the Ghanaian people and acted decisively to reverse the decline.
“The past year has seen significant progress,” President Mahama said, highlighting that inflation dropped sharply from over 23 percent at the end of 2024 to a projected single-digit rate of about five percent by the close of 2025.
He also noted that the cedi has achieved relative stability, placing Ghana among the world’s best-performing currencies in 2025.
