SONA 2026: Ghana Is Working Again – Mahama
By Praisebell Rosemond Larbi
President John Dramani Mahama has declared that Ghana’s economy is regaining strength and stability, asserting that the country is “working again” following a series of reforms implemented under his administration.
Delivering the 2026 State of the Nation Address (SONA) in Parliament on Friday, February 27, the President struck an optimistic tone, highlighting what he described as renewed investor confidence, improving macroeconomic fundamentals, and a clear path toward sustained growth.
Addressing Members of Parliament, government officials, members of the diplomatic corps, and other invited guests, President Mahama said his administration had taken bold and often difficult decisions to restore credibility to the economy.
“I told this august House then, when I appeared before you last year, that we needed to take tough decisions to restore credibility and stability, and I can say with confidence today that Ghana is back and ready for business,” he stated.
“The fundamentals are improving, and the path to sustain acceleration is very clear to everyone. From the outset, we resolved to choose discipline over waste, reform over excuses, and stability over speculation.”
The President emphasized that restoring macroeconomic stability required firm leadership, fiscal discipline, and a willingness to make sacrifices in the national interest. He noted that government has deliberately focused on cutting wasteful spending while ensuring that public funds are used efficiently to deliver value.
According to him, the decision to prioritise “discipline over waste” has translated into tighter expenditure controls and improved fiscal management. This approach, he said, is critical to rebuilding trust among investors and development partners.
On structural reforms, President Mahama stressed that his administration has moved away from attributing economic challenges solely to external shocks, instead focusing on addressing internal inefficiencies and long-standing constraints.
He explained that choosing “reform over excuses” means implementing policies that tackle the root causes of economic instability, including weaknesses in revenue mobilisation, public sector inefficiencies, and productivity gaps across key sectors.
The President further indicated that these measures are beginning to yield results, pointing to improving economic indicators and growing confidence in Ghana’s economic direction.
He reaffirmed government’s commitment to maintaining policy consistency and strengthening the foundation for long-term growth, noting that sustained discipline will be essential to consolidating the gains achieved so far.
President Mahama concluded by assuring Ghanaians that the government remains focused on building a resilient and inclusive economy capable of delivering jobs, investment, and improved living standards.
