President John Dramani Mahama says his administration is leading by example in its “Resetting Ghana” agenda by significantly reducing the size of government and restructuring debt to prioritize human capital investment.
Speaking to the National Assembly of Zambia, the President detailed the pragmatic steps his government has taken since his return to office to restore macroeconomic stability.
He revealed that the current administration now operates with just 58 ministers and deputy ministers, including regional ministers, as part of a broader commitment to fiscal discipline.
“We have chosen execution over excuses,” Mahama declared. He highlighted that these reforms are delivering tangible results, noting that Ghana’s inflation has plummeted from over 23.4% at the end of 2024 to a record low of 3.8% in January 2026.
Additionally, he cited the 32% appreciation of the Ghanaian Cedi in 2025 as evidence of restored currency stability.
The President also emphasized the government’s focus on the “Gold Board,” which has taken control of gold exports and increased artisanal and small-scale mining output from 63 tons to 104 tons in just ten months.
He stated that Ghana is moving toward local processing of manganese and bauxite to ensure the country captures the maximum value from its natural endowments.
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