President John Dramani Mahama has declared that his government has averted a looming power crisis, crediting prudent and people-focused policies for stabilising Ghana’s energy sector.
Speaking at his first media engagement on Wednesday, the President said the energy sector was on the brink of collapse when his administration assumed office, but timely interventions had prevented the recurrence of “dumsor,” the crippling power outages that hurt the economy in previous years.
He stressed that a reliable power supply was crucial to sustaining economic growth, boosting investor confidence, and improving the daily lives of Ghanaians.
“Through our prudent and people-centred economic management plan, we have slashed nuisance taxes, and we’ve rescued our power sector,” he said.
The President further noted that the government’s broader economic agenda included reforms to strengthen the cedi, reduce the cost of doing business, and lower the cost of living.
“We have averted the ‘dumsor’ crisis, which was handed over to us; we have lowered the exchange rates, eased the burden of doing business, and reduced the cost of living for the average Ghanaian,” he added.
Mr Mahama assured citizens that his government would continue to consolidate the gains made so far and pursue additional reforms to secure long-term economic recovery.
