By Samuel SAM
President John Dramani Mahama has reaffirmed government’s commitment to sustaining macroeconomic stability despite external pressures, including rising fuel prices and global supply disruptions.
Speaking at a “Resetting Ghana” forum at the University for Development Studies in Tamale, he said the economy remains resilient, citing relative currency stability and a sharp decline in inflation as evidence of prudent management.
He noted that inflation has fallen from above 24 percent to below 4 percent, attributing the trend to fiscal discipline and measures to contain petroleum price shocks.
The President added that, despite Ghana’s limited access to international capital markets following its debt default, government has continued to finance critical development projects using domestic resources.
“Even after the debt default cut off access to international markets, we sustained key interventions through domestic mobilisation, demonstrating the effectiveness of deploying our own resources,” he said.
The forum, themed “Accounting to the People”, provided a platform for government officials to outline policy achievements and engage citizens on development priorities, including infrastructure, energy and job creation.
Northern Regional Minister Ali Adolf John highlighted persistent development challenges, including infrastructure deficits, unemployment and limited access to water and sanitation. He indicated that about 32.1 percent of residents lack access to potable water, while only 10 percent have improved sanitation facilities.
To address water shortages, he said 76 boreholes and 125 mechanised systems have been constructed over the past year, while the Ghana Water Company Limited has increased production capacity from 28,000 to 40,000 cubic metres per day. He, however, called for expedited work on the Yapei–Tamale water project.
In healthcare, 34 CHPS compounds have been built and equipped to strengthen primary care delivery. In education, 121 contracts have been awarded for infrastructure development, alongside interventions to improve academic performance.
On infrastructure, he disclosed that only 19 percent of the region’s estimated 7,000km road network is in good condition, with more than 900km currently under construction under initiatives such as the District Roads Improvement Programme.
Efforts to tackle youth unemployment include the training of 3,331 apprentices under the National Apprenticeship Programme and support for 1,005 beneficiaries through the Adwumawura Programme.
Traditional authorities, represented by Zangbalun Lana Naa Dr. Jacob Mahama on behalf of Yaa-Naa Abukari Mahama II, commended government interventions but urged accelerated action on water supply challenges in Tamale and Yendi, describing access to clean water as critical to public health and economic activity.
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