Mahama Highlights Economic Stability and Grassroots Development Agenda

President John Dramani Mahama has pointed to growing signs of economic stability in the country, stating that inflation has declined considerably, the cedi has remained relatively stable, and Ghana’s reserves have strengthened to cushion the economy against external shocks.

Speaking at the ‘Resetting Ghana’ citizen engagement in Damango, the President said government’s decision to channel 80 per cent of the District Assemblies Common Fund directly to local assemblies was intended to accelerate development at the grassroots level.

He noted that the policy had improved the timely release of funds, enabling district assemblies to independently undertake critical projects, including schools, CHPS compounds and 24-hour markets across the country.

President Mahama further underscored the importance of balanced national development, particularly within the Savannah Region, outlining plans for a science and technology university, a 300-bed regional hospital, improved water systems, expanded road networks and increased access to electricity.