President John Mahama has announced that Ghana’s economy has become one of the best-performing on the African continent at the National Day of Prayer and Thanksgiving after joining Muslims at the National Mosque for prayers.
During the event, President Mahama disclose Ghana had made significant progress over the past year through prudent economic management, discipline, and the resilience of its people.
“God has been good to us this past year. He has guided our steps and granted us the wisdom and courage required to turn this economy around. Today, Ghana’s economy is recognised as one of the best-performing in Africa, even in the face of the conflict in the Middle East,” he said.
Further, President Mahama also highlighted several economic gains, saying Ghana had recorded a significant decline in inflation, a more stable cedi, lower debt levels, stronger international reserves, and increased investor confidence.
“Inflation has declined significantly. Our currency, the cedi, has regained stability. Debt has reduced and international reserves have improved. Investor confidence has strengthened, and opportunities for growth are steadily returning,” he added.
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