President John Dramani Mahama, after being sworn in on January 7, 2025, outlined four key pillars to rejuvenate Ghana’s economy and society.
These pillars are economic restoration and stabilization, improving the business and investment environment, constitutional review, and accountability and the fight against corruption. Emphasising the urgency of these initiatives, President Mahama stressed that the current challenges required decisive and swift action to implement a 24-hour economy.
“The circumstances we find ourselves in are indeed dire, but even so, I’ll be decisive and swift in my actions. We’ll focus our initial efforts on four critical areas. “The first is restoration and stabilisation of the macroeconomic environment. Second is the improvement of the business and investment environment to ensure that Ghana is once again open for business.
“The third is governance and constitutional reforms, and the final is accountability and the fight against corruption,” he stated. President Mahama, in his inaugural speech, said that the implementation of initiatives under his four-pillar framework would focus on creating decent, well-paid jobs for Ghanaians, especially the youth.
He highlighted agriculture and agribusiness as key sectors for job creation. The President, alongside Vice President Professor Jane Naana Opoku-Agyemang, pledged to prioritise inclusivity, accountability, and innovation, ensuring that every citizen had an opportunity to thrive under their leadership. “Our policies will be tailored to sustain innovation and foster industry that engages today’s young minds and equip them with the skills for tomorrow’s challenges,” he said.
President Mahama assured Ghanaians that his administration would work closely with the business community to create decent and well-paid jobs, emphasising that diversity would be at the heart of governance decisions. He urged citizens to have faith in the process, advocating for a national reset to rebuild trust in public institutions. “We need a reset in our dear nation Ghana because all of us are Ghana.
“What can you do to help build that better Ghana that we all strive for; what behaviours, what attitudes and mind-set can we reset,” Mr Mahama asked, and urged Ghanaians to contribute their quota to build a stronger nation. “I ask that we enter into a covenant with the Ghana we all love and the good people who make up our dear nation, and I ask that you envision a Ghana that you want to live in, and leave behind to your children and grandchildren,” he said.
Source: GNA
