News:
February 28, 2026
President John Dramani Mahama has delivered a resolute State of the Nation Address (SONA), declaring that Ghana’s economy has successfully turned a corner and is once again open for investment.
Addressing Parliament on Friday, February 27, 2026, Mahama struck a confident tone, asserting that the tough measures implemented over the past year have restored stability and credibility to the nation’s finances.
“I told this august House last year that we needed to take tough decisions to restore credibility and stability,” Mahama reminded the chamber. “And I can say with confidence today that Ghana is back and ready for business.”
A Strategy of Discipline Over Waste
The President framed the administration’s economic strategy as a series of firm choices designed to rebuild trust. He outlined a philosophy that rejected short-term fixes in favor of long-term stability.
“From the outset, we resolved to choose discipline over waste, reform over excuses, and stability over speculation,” he stated.
According to the President, this meant making politically difficult decisions to rein in public spending. He emphasized that restoring macroeconomic stability required “shared sacrifice” and a commitment to ensuring value for money in every area of public expenditure.
Confronting Challenges Head-On
Mahama used the address to draw a clear distinction between his government’s approach and the reliance on external justifications in the past. By choosing “reform over excuses,” he said the government had confronted long-standing structural issues directly, rather than blaming global economic pressures for domestic challenges.
With key economic fundamentals now showing improvement, the President projected optimism about the future. “The direction for sustained economic acceleration is now clear,” he told the nation, signaling that the groundwork laid over the past year would now pave the way for growth and opportunity.
The 2026 SONA served not just as a report card, but as a rallying cry to investors and citizens alike that Ghana is once again positioned as a stable and attractive destination for business.
Ghanamps.com