By Prince Antwi
Copyright ghanaguardian
President John Dramani Mahama has stated that his administration’s decisive policies have stabilised Ghana’s economy and improved the quality of life for citizens.
Speaking at his Presidential Media Encounter on Wednesday, September 10, 2025, the president said his government’s “prudent and people-centred economic management plan” had yielded tangible results, including the removal of nuisance taxes, a stabilised exchange rate, and reduced cost of doing business.
“We’ve rescued our power sector and averted the ‘dumsor’ crisis we inherited. Inflation has dropped to a record four-year low, signaling renewed macroeconomic stability,” he said.
President Mahama highlighted progress in education and healthcare, noting that basic education has received its highest budget allocation in nearly five years. In health, he said additional funds had been released to sustain the National Health Insurance Scheme (NHIS), while medical supplies are being delivered consistently across the country.
He further announced the creation of the Ghana Medical Trust Fund to help citizens cover the cost of treating chronic illnesses. “Only yesterday, I approved the governing board of the Ghana Medical Trust Fund, which the Minister of Health will soon inaugurate,” he disclosed.
On agriculture, the president said his administration is pursuing youth-targeted interventions, irrigation expansion, and the revival of the Land and Farm Bank project to ensure food security and enhance export competitiveness.
In the digital economy, he pointed to the launch of the “1 Million Coders” initiative, aimed at equipping young Ghanaians with skills for global technology opportunities.
“These strides are not isolated. They are part of a deliberate national reset that is restoring hope, creating opportunity, and ushering in an era of shared prosperity for all,” President Mahama concluded.