
President John Dramani Mahama has painted a grim picture of Ghana’s economy and governance, stating that the nation is in crisis and requires urgent intervention.
Delivering his first State of the Nation Address in Parliament on Thursday, the President expressed deep concern over the deteriorating economic conditions, mounting debt, and the scale of mismanagement he has inherited.
“Our economy is in dire straits, which is putting it mildly. After an initial assessment of the books, we have discovered that our economic problems are far deeper than previously known,” President Mahama told the packed chamber.
“We have inherited a country that is broken on many fronts, with staggering debts and glaring signs of reckless mismanagement of our resources.”
According to the President, his administration has devised a comprehensive plan to address the economic crisis and restore growth.
He emphasized the need for collective effort from all Ghanaians, assuring that his government is committed to resetting the nation on a path of prosperity.
“When I decided to run for president again, I did so knowing the enormity of the task ahead. I was aware that huge challenges awaited me, but nothing could have fully prepared anyone for the reality of how deep our economy and governance structures have sunk,” he stated.
Quoting a Ghanaian proverb, he remarked, “Our elders say that a frog’s true length can only be ascertained after it has died. And how right they were.”
President Mahama called for national unity and resilience in the face of adversity, assuring that despite the severity of the situation, his government has the expertise and strategy to lead Ghana out of the economic turmoil.
“The challenges before us are staggering, but we will overcome them. We will work with every Ghanaian to solve the problems confronting our nation,” he said.
His address comes at a time when the nation grapples with high inflation, a depreciating currency, and significant fiscal challenges.
President Mahama’s speech signals a call to action, urging all stakeholders to contribute to the national rebuilding effort.
Story by: Joshua Kwabena Smith
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