The State of Our Economy Is Not Good – President Mahama

President John Dramani Mahama has painted a grim picture of Ghana’s economic situation, stating that “the state of our economy is not good.” He made this remark while delivering the 2025 State of the Nation Address (SONA) in Parliament today, marking the first such address of his second term in office.

Delivering his first State of the Nation Address in his second term to Parliament on Thursday, February 27, President Mahama acknowledged the economic hardships facing Ghanaians, citing rising inflation, a weakened cedi, and a high cost of living as major challenges. He emphasized that his administration is committed to implementing urgent measures to stabilize the economy and restore investor confidence.

“It is not my style to lament and shift blame. I am therefore not here to lament, even though there is much to lament about,” he stated.

The president reaffirmed his track record of delivering on promises, referencing his past success in resolving Ghana’s energy crisis.

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“I promised to fix ‘dumsor,’ and I fixed it. There was no power rationing or load management in Ghana,” he reminded the nation.