Mahama Calls for Collective Action To Revive Ghana’s Economy

President John Dramani Mahama has emphasized the need for collective action to steer Ghana’s economy toward recovery and sustainable growth.

Speaking at the launch of the National Economic Dialogue on Monday, March 3, 2025, President Mahama stressed that the event was not merely a discussion forum, but a platform to find practical solutions to the country’s economic challenges.

The National Economic Dialogue, which brought together key stakeholders, including government officials, economists, and business leaders, aimed to propose measures for resetting Ghana’s economy and fostering long-term prosperity.

President Mahama described the reset agenda as a national call to action, rather than a government policy, emphasizing that it was crucial to rebuilding the economy to benefit all Ghanaians.

“We are not here to recount our struggles nor are we here to resign ourselves to economic stagnation. We are here to seek solutions that will put us on a path of growth trajectory and to ensure that we build an economy that works for every Ghanaian,” President Mahama stated.

He further stressed the urgency of the moment, urging all stakeholders to unite in addressing the nation’s economic difficulties.

“For me, this is not just another policy discussion, it is an urgent call to action. A crucial moment for us, as stakeholders, to purpose and resolve the challenges that face us,” President Mahama added.

The National Economic Dialogue was expected to provide a platform for stakeholders to propose measures for resetting Ghana’s economy and fostering long-term prosperity.

In a related development, Finance Minister Cassiel Ato Forson emphasized the need for bold reforms to propel Ghana to upper middle-income status.

He also revealed that Ghana had saved GH¢1 billion following the reduction of Treasury Bill rates.

Ato Forson further stressed that all hands were needed on deck to revive Ghana’s economy, which had been facing significant challenges in recent times.

-BY Daniel Bampoe

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