Cutting waste key to economic recovery – Pres Mahama
President John Dramani Mahama has described the pace of Ghana’s economic recovery, one-and-a-half years after the National Democratic Congress (NDC) assumed power, as phenomenal. He attributed the progress to fiscal discipline and deliberate efforts by the government to reduce waste and unnecessary expenditure. The President made the remarks on the second day of his ‘Accounting … The post Cutting…
Ghana's President John Dramani Mahama has emphasized that the country's economic recovery in the past one-and-a-half years was remarkable. The President credited the achievement to fiscal discipline and efforts to minimize waste and unnecessary spending. While visiting Bolgatanga, Mahama engaged with local leaders, including traditional rulers, clergy, civil society organizations, media representatives, and educators, to discuss ongoing initiatives.
During the tour, Mahama outlined the government's accomplishments and upcoming projects aimed at improving the country's socio-economic conditions and human resource development. He highlighted that there were no loan agreements presented to Parliament in 2025, implying the government's reliance on domestic resources for development projects.
Mahama further disclosed that the government would invest $2.5 billion annually over the next four years in seven key sectors, with agriculture and agro-processing receiving the largest share. This investment will particularly benefit the Upper East Region, which will see improvements in irrigation facilities to support farmers during dry seasons.
Mahama also announced plans to position the Upper East Region as Ghana's agricultural hub. Work on the Tomato Revitalisation Project and the Tamne Irrigation Dam in Tempane is expected to accelerate, enabling intensified dry-season farming in the region. The government is also focused on reducing dependence on onion imports from Niger and completing the Tamne Irrigation Dam project.
Additional infrastructure projects, such as roads, health care, and education facilities, are being prioritized, with the Upper East Region anticipated to benefit from these developments.
Written by urgent.news from Ghanaian Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
