The Majority Leader in Parliament, Mahama Ayariga, has expressed satisfaction with the state of Ghana’s economy, declaring that the country is on a path of recovery and stability after years of economic turbulence.
Speaking on the floor of Parliament on Tuesday during the House’s resumption, Mahama Ayariga said his interactions and committee engagements during the recess revealed significant progress across key sectors of the economy — from energy and education to fiscal management.
“Mr Speaker, I’m proud to say that so far, so excellent. The energy sector is doing very well, and electricity has remained on and is powering growth. The economy is rebounding, and Ghana once again is gaining economic respectability globally — so far, so excellent,” he said.
The Bawku Central MP highlighted improvements in the performance of the cedi, a decline in inflation, and prudent government spending as key indicators of progress.
According to him, Ghana’s inflation rate has dropped to single digits, prices are easing, and the cost of living is gradually becoming more affordable for ordinary citizens.
“The Ghana cedi is gaining strength and stabilising. Inflation has come down to single digits, prices are coming down, and life is becoming affordable to the ordinary Ghanaian — so far, so excellent,” he added.
Mahama Ayariga further noted that the government was meeting its debt obligations without accumulating “needless debt,” stressing that fiscal discipline and targeted expenditure had improved. He praised the education sector, particularly the Free SHS programme, saying it remained fully funded and stable.
“Our schools are functioning well, and Free SHS is well funded. We have not experienced any disruption of the school year calendar in our constituencies — so far, so excellent,” he stated.
The Bank of Ghana has also reported relative stability in the cedi and declining inflation rates since mid-2025.
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