- Economic Reset and Relief: The President announced that nuisance taxes have been scrapped, the cedi stabilized, and measures implemented to ease the burden of doing business for Ghanaians.
- Inflation and Price Stability: Inflation has dropped to 11.5% in July 2025, the lowest in four years, signaling renewed macroeconomic stability and relief in market prices.
- 24-Hour Economy Initiative: Cabinet approved the 24-Hour Economy Authority Bill, with key institutions like the Ghana Publishing Company and Passport Office already operating round-the-clock to boost productivity and jobs.
- Youth Empowerment and Digital Skills: Thousands of young Ghanaians are being trained under the One Million Coders Program, while the Adwumawura Programme equips entrepreneurs with skills, mentorship, and access to capital.
- Education Initiatives: The no-fee stress policy was launched, refunding fees for 120,000 first-year students, alongside flexible student loans and free tertiary education for persons with disabilities.
- National Research Fund: A GH¢50 million Ghana National Research Fund has been established to empower local researchers, with full scholarships for five PhD candidates at each university annually.
- Health Sector Boost: The national health budget increased to GH¢17.8 billion, NHIS funding rose by 66%, and over GH¢2 billion will be invested in healthcare infrastructure by 2028.
- Energy and Resource Development: The government approved the declaration of commerciality for the Eban-Akoma oil and gas discoveries and plans to construct the second gas processing plant (GPP-2), enhancing energy security.
- Mining Oversight: A nationwide tracking system for all imported excavators and earth-moving equipment has been instituted, complemented by NIMOS operations and deployment of 2,000 blue water guards to protect resources.
- Social and Agricultural Programs: Over 6 million sanitary pads distributed to girls, revitalization of land and farm banks, and youth-targeted agricultural interventions aim to promote food security and export competitiveness.
So What?
President Mahama emphasized that these initiatives reflect a deliberate national reset, restoring hope, fostering inclusive growth, and ensuring that Ghana’s citizens directly feel the benefits of responsible governance and strategic development.
