The Minister for Government Communications, Felix Kwakye Ofosu, has asserted that Ghana’s economy has undergone a significant turnaround within President John Dramani Mahama’s first year back in office.
He argues that the country is now in a far healthier position than it was at the time the National Democratic Congress (NDC) assumed power.
Speaking in an interview on TV3 on Sunday, January 4, Mr Kwakye Ofosu said key economic indicators show consistent improvement, reflecting stronger performance and renewed stability.
According to him, economic management was the foremost concern of voters during the 2024 general elections, making recent gains particularly important.
“Any objective observer would agree that the country is in a much better position than when we took over. If you consider the economy, which was the single most important issue for voters barely a year ago, all the indicators now point in the right direction,” he said.
The Government Communications Minister maintained that the NDC administration has fulfilled its commitments to the electorate, stressing that the progress made is measurable and evident.
“We have acquitted ourselves creditably. It is not difficult to assess our performance; one only needs to compare where the country was a year ago with where it stands today,” he noted.
Mr Kwakye Ofosu further highlighted tangible improvements in living conditions, pointing to a reduction in the cost of living, falling prices of goods, and a notable strengthening of the cedi.
He said the currency, which had long been a source of concern, is projected to record an annual appreciation of nearly 30 per cent — a development he described as unprecedented in recent years. “This stability has translated into lower prices across several sectors of the economy,” he added.
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