New Year Address: Reset Agenda is delivering results – Mahama

President John Dramani Mahama says Ghana’s Reset Agenda is producing measurable gains, citing easing inflation, currency stability, and restored international credibility.

In his New Year address to the nation on Thursday evening, the President said the promise to reset Ghana was “a covenant” that his administration had already begun to honour after inheriting an economy in distress.

“I can confirm that the promise of renewal we made was not mere rhetoric. It was a covenant. And we have begun to deliver on that covenant,” Mahama said.

Reflecting on his first year in office, he described the state of the country he inherited as dire, with high unemployment, crumbling infrastructure, eroded public trust and fading hope, but insisted the narrative had begun to change.

“At the dawn of the New Year, I stand before you to say, our beloved nation, Ghana, is rising again,” he declared.

Mahama pointed to macroeconomic improvements as evidence that the Reset Agenda is yielding results, noting that inflation, which stood above 23 percent at the end of 2024, had been brought down significantly.

“We have reduced inflation from distressing levels… and we are hopeful of ending 2025 with inflation in the single digits, just above five percent,” he said.

He added that the cedi had stabilised and was on course to rank among the world’s best-performing currencies, while business confidence had improved, attracting increased domestic and foreign direct investment.

“We have restored Ghana’s credibility with international partners and successfully completed the renegotiation of our debt obligations on terms that protect our sovereignty while ensuring sustainability,” the President stated.

Mahama said the country was also making progress toward exiting the IMF programme “with dignity, not as supplicants, but as partners,” underscoring what he described as a more confident economic posture.

On infrastructure, he said more than 2,000 kilometres of roads were undergoing rehabilitation, alongside efforts to stabilise electricity supply and extend rural electrification to over 1,000 additional communities.

The President argued that the Reset Agenda was not limited to economics, but also governance, accountability and Ghana’s role on the global stage.

“This reset involves a new way of looking at things both domestically and globally,” he said, adding that Ghana’s renewed standing had positioned the country to lead conversations on reforming global governance systems.

Calling for national unity, Mahama urged Ghanaians to reject divisive politics and work together to consolidate the gains made so far, stressing that the reset project belongs to all citizens, regardless of political affiliation.