SONA 2026: Ghana Has Regained Stability and Investor Confidence – Mahama
President Mahama credits fiscal discipline, structural reforms, and strong leadership for Ghana’s renewed economic stability and investor confidence
- President Mahama highlighted improvements in macroeconomic stability and renewed investor confidence
- He emphasized reducing wasteful spending and ensuring value for money in public finances
- Mahama pledged to address long-term challenges with reforms aimed at sustainable growth and resilience
President John Dramani Mahama has highlighted significant economic improvements under his administration, declaring that Ghana has regained stability and restored investor confidence.
Delivering his State of the Nation Address (SONA) in Parliament on Friday, February 27, Mahama adopted an optimistic tone as he reviewed key measures taken over the past year to revive the economy.
Addressing Members of Parliament, government officials, diplomats, and invited guests, he said his administration had made difficult but necessary decisions to rebuild trust and credibility.
Reflecting on his previous address, the President noted that he had committed to pursuing bold reforms to restore stability.
“I told this august house 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,” Mahama said.
He added, “The fundamentals are improving, and the path to sustained growth is clear. From the outset, we resolved to choose discipline over waste, reform over excuses, and stability over speculation.”
Mahama explained that achieving macroeconomic stability required strong leadership, fiscal discipline, and deliberate measures to rein in public spending while strengthening confidence.
He emphasized that choosing discipline over waste meant reducing unnecessary expenditure and ensuring value for money, while reform over excuses involved addressing structural challenges directly and implementing policies for long-term economic resilience.
