Ghana’s recovery proves leadership and accountability work

President John Dramani Mahama has said Ghana’s recent economic recovery demonstrates that focused leadership and strong accountability can deliver results, even in the face of severe economic challenges.

Speaking at the Accra Reset Davos Convening on the sidelines of the World Economic Forum in Davos, Switzerland, President Mahama pointed to Ghana’s turnaround from a debt-distressed and crisis-ridden economy to one showing renewed stability and confidence.

He said Ghana has achieved a more stable macroeconomic environment, marked by single-digit inflation, a strengthened currency and growing business confidence, attributing the progress to disciplined leadership and reforms aimed at cutting waste and restoring public trust.

“In my first year back in office, we have shown that democracy works and that change is possible when leadership is focused and accountable to the people,” President Mahama told participants.

The President outlined key measures taken under what he described as the “Resetting Ghana” agenda, including reducing the size of government, digitising public services to curb corruption and renegotiating debt to free up resources for investment in people and productive sectors.

He stressed, however, that Ghana’s success should not be seen in isolation, warning that individual country achievements are not enough to transform the continent.

“Ghana cannot be a jewel in the dirt,” he said, calling for African countries to work together to scale up successful reforms and knit together pockets of progress across the continent.

President Mahama used the occasion to promote the Accra Reset Initiative, which he described as a practical blueprint for African self-reliance, regional cooperation and value-driven development in a changing global order.

He urged African leaders to prioritise skills development, industrialisation and accountability, saying these are essential to creating jobs for young people and building systems that can withstand future global shocks.

President Mahama concluded by calling on global partners to engage Africa through partnerships based on mutual respect rather than charity, insisting that accountable leadership remains the foundation for sustainable growth and shared prosperity.

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