President John Mahama has pledged that Ghanaian workers will be the primary beneficiaries of the next stage of his “Resetting Ghana” programme. He emphasized that as the economy expands, workers will directly experience the gains, stressing that growth must positively impact households and various professions, including teachers, technicians, and industrial employees.
Speaking further, he highlighted that the country is transitioning from a phase of macroeconomic stabilisation to one focused on job creation and inclusive growth. He assured that improvements in the economy should translate into better living standards. Addressing participants at the 2026 May Day celebration in Koforidua, he noted that the government’s immediate focus is to turn recent economic progress into real opportunities for citizens.
Outlining his vision, President Mahama stated that the administration aims not only to sustain stability but to build upon it by expanding the economy to generate employment and prosperity. He explained that while earlier efforts concentrated on controlling inflation, stabilising the currency, and restoring fiscal balance, the next phase will prioritise productivity, investment, and job creation across key sectors.
Providing context, he pointed out that Ghana entered 2025 under a $3 billion IMF Extended Credit Facility following the 2022 debt default, which had triggered high inflation, rising debt, and currency instability. However, economic indicators improved significantly, with inflation dropping sharply, growth rebounding to over 6 percent, a primary surplus recorded, and public debt reduced. Additionally, gross international reserves increased substantially, reflecting stronger economic fundamentals.
Touching on governance and infrastructure, the President reaffirmed his commitment to fighting corruption and ensuring accountability among public officials. He also praised the judiciary for expanding the number of High Courts to speed up audit-related cases. On energy, he announced the successful restoration of operations at the Akosombo Hydroelectric Plant after a recent fire, commending engineers and technical teams for their swift response. He concluded by assuring workers of continued collaboration with organised labour as the government works to convert economic gains into tangible improvements in livelihoods.
