President John Mahama has said the government’s Resetting Ghana agenda is yielding positive results and laying the foundation for a stronger, more resilient economy.
Delivering the 2026 State of the Nation Address in Parliament, he stated that the “Accra Reset” is gaining momentum, placing the country on a path toward prosperity.
“The Resetting Ghana agenda is making significant progress. The Accra Reset initiative is gaining momentum, and together, they are laying the foundation for a stronger, more resilient, and more prosperous Ghana. Our nation is on the runway and ready for takeoff; everyone is advised to fasten their seatbelts. Mr. Speaker, the journey continues, the direction is set, and the hope is real,” he said.
According to President Mahama, Ghana’s economy is projected to grow substantially, with GDP expected to reach $113 billion in 2025, up from $83 billion in 2024.
He added that fiscal discipline has improved, with a primary surplus of 2.6 percent of GDP—exceeding the 1.5 percent target—while the fiscal deficit closed at 3.1 percent, below the projected 3.8 percent.
“Our theme today, ‘Building Prosperity, Restoring Hope,’ is not just aspirational; it reflects the tangible transformations we have delivered for the Ghanaian people. Mr. Speaker, our economy has seen substantial growth. By 2025, the GDP is expected to reach $113 billion, an increase from $83 billion at the end of 2024. This positions Ghana among the top ten economies in Africa,” he stated.
President Mahama said the progress reflects responsible spending and reduced borrowing, which he noted is already benefiting households and businesses.
“However, growth means nothing without discipline. Our primary surplus reached 2.6% of GDP, far exceeding our target of 1.5%. We closed our fiscal deficit at 3.1%, well below the projected 3.8%. This is not just prudent governance; it is a commitment to keeping promises, benefiting households and businesses by borrowing less and spending more responsibly,” he added.
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