Former President John Mahama has highlighted the severe economic crisis facing Ghana, emphasizing that overcoming these challenges will require significant effort. Following his election victory on December 7, 2024, Mahama stated that the country is grappling with high inflation and rising poverty levels, which have worsened since 2022. He acknowledged the need for immediate and effective economic reforms to restore stability and improve living conditions for Ghanaians. Mahama's remarks reflect the urgent need for action as he prepares to take office on January 7, 2025, amid widespread public discontent over the current economic situation.