President John Dramani Mahama has described the state of Ghana's economy as "not good."

According to him, the economy inherited by his government is burdened with heavy debts and severe economic challenges.

He acknowledged that Ghanaians are suffering.

During his first State of the Nation Address in Parliament on February 27, 2025, he stated, "I am sad to report that the state of our nation is not good. Our economy is in crisis, and our people are experiencing unprecedented hardship."

President Mahama's address, in line with Article 67 of the 1992 Constitution, is expected to outline his ambitious “Resetting Ghana” agenda, aimed at tackling economic challenges, creating jobs, and restoring stability.

In his speech, the president is expected to touch on key areas of his government's policy objectives.

He will also provide updates on the state of Ghana’s economy, including the ongoing IMF bailout program, security, and the cost of living, among other issues.

Additionally, he will update Ghanaians on the government's deliverables for the year ahead, as well as its achievements so far and the challenges that lie ahead.





SSD/MA

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