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Ghana’s President-elect, John Dramani Mahama, has outlined his administration’s commitment to achieving macroeconomic stability and addressing debt sustainability as top priorities.
In an interview with VOA’s Paul Ndiho on Saturday, December 14, Mahama stressed the central role of the economy in driving progress across all sectors, including education, agriculture, and sports.
“The economy is going to be the number one focus because it affects everything else. If the economy is in a bad way, it affects education, it affects agriculture, it affects sports, every sector of the country. So we are going to have to be dealing with stabilizing the economy,” Mahama emphasized.
He identified Ghana’s dual economic challenges—macroeconomic instability and unsustainable debt—stating that the current situation demands a more comprehensive approach than previous engagements with the International Monetary Fund (IMF).
“In all the other times that we’ve gone to the IMF, it’s just been for macroeconomic stability. But we have twin problems, and so we are going to continue the IMF programme,” he explained.
Mahama also noted that his government has initiated discussions with the IMF to ensure a collaborative approach to implementing the programme.
“We’ve requested some discussion with the IMF because we were part of the negotiation of this programme, and so we need to look at how we can all be on the same wavelength in terms of implementing the programme. We are not going to jettison the programme.
“I want to make that clear. We are not jettisoning the programme, but within the programme, I am sure that there can be some leverage for tweaking it. So if we are able to reach that agreement, then we continue the programme till it ends,” Mahama affirmed.
With a focus on stabilizing Ghana’s economy, the President-elect aims to navigate the challenges ahead and lay the foundation for sustained national development.
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