President John Dramani Mahama has expressed surprise at the speed of Ghana’s economic recovery, describing the turnaround as “shocking” for everyone.
Speaking at the First Sky Group’s Thanksgiving Service in Accra on Sunday, January 25, 2026, Mahama said, “We’re all shocked by Ghana’s rapid economic turnaround.”
He emphasised the unexpected pace at which the country’s economy has shown signs of improvement after facing significant challenges in recent years.
According to Mahama, the scale and speed of the recovery have exceeded expectations, even drawing admiration from international financial institutions like the International Monetary Fund (IMF) and the World Bank.
He recalled the severity of the economic situation his government inherited, noting that he initially believed it would take at least two years to see meaningful improvements.
“I have been at this job before. The crisis that faced us was very difficult. In my own imagination I thought we would need about two years to see an economic turnaround. But Ebenezer, this is how far God has brought us,” Mahama said.
“We are all surprised and shocked at the quick turnaround. Any time I meet the IMF officials and the World Bank officials they can’t even believe what has happened in Ghana. So, Ghana has now become a Poster boy of the IMF and the World Bank. It is only the Grace of God. To bring Inflation from 23.8% to 5.4% in one year? I mean, how did we manage that? For the first time to see the Ghanaian Cedi appreciate by 37% in one year, it is only God,” he added.
Economists have attributed the rebound to a combination of policy adjustments, increased investment inflows, and targeted fiscal measures. Mahama’s comments mirror the astonishment felt by citizens and analysts alike at the resilience and swift recovery of Ghana’s financial and economic indicators.
His remarks come amid ongoing discussions on sustaining growth, creating jobs, and ensuring that the benefits of the economic recovery are felt by all Ghanaians.
