President John Dramani Mahama has expressed deep surprise at the pace of Ghana’s economic recovery, describing the turnaround as extraordinary and attributable only to divine grace.
According to the President, even his own expectations at the start of the recovery programme did not anticipate such rapid results, noting that he had projected a much longer period before clear improvements would be realised.
“In my own imagination, I thought it would take about two years to see an economic turnaround,” President Mahama said. “Today, officials of the International Monetary Fund themselves are surprised by Ghana’s progress.”
President Mahama made these remarks when he addressed congregants at the First Sky Group Thanksgiving Service held in Accra on Sunday.
Highlighting key economic indicators, the President said inflation had declined sharply from 23.8 per cent to 5.4 per cent within a year, while the Ghanaian cedi had appreciated by 37 per cent over the same period. He further disclosed that the country’s primary balance for 2025 exceeded IMF projections by two percentage points.
“Look at what God has done for our economy,” he said. “This turnaround is nothing short of His grace.”
The President noted that Ghana’s economic performance had drawn significant international attention, particularly from global financial institutions. He said Ghana was increasingly being cited by the IMF and the World Bank as an example for other African countries undergoing economic adjustment.
“Ghana has now become the poster boy of the IMF and the World Bank,” President Mahama stated. “When they go to other African countries, they say, ‘Don’t you see Ghana? Look at what Ghana has done.’”
He attributed the improvements to a combination of disciplined economic management, cooperation with international partners and, above all, divine intervention.
President Mahama stressed that reducing inflation to single digits and achieving a stronger fiscal position than initially projected were outcomes that required not only policy discipline but also grace beyond human effort.
“As a nation, we must be grateful to God,” he said. “If we express gratitude, He will bless us more.”
He called on Ghanaians to reflect on the progress made and to remain hopeful, united and committed to sustaining the gains achieved so far. The President also encouraged continued prayers and national thanksgiving, urging citizens not to take the economic recovery for granted.
According to him, gratitude, humility and responsible leadership would be essential in maintaining stability and ensuring that the benefits of the recovery translated into improved livelihoods for all Ghanaians.
