By Francis Ntow
Accra, Feb 27, GNA – President John Dramani Mahama urged the Minority in Parliament to take part in the National Economic Dialogue scheduled for March 3rd and 4th, 2025.
The dialogue aims to address the current economic crisis and reach a consensus on essential policies for the country’s recovery.
In his State of the Nation Address on Thursday, the President emphasized the importance of consultation and consensus-building, quoting the wisdom of elders that “two heads are better than one.”
He expressed hope that the Minority would demonstrate a commitment to the nation by participating in the dialogue, contrasting it with their boycott of the 2014 Senchi Forum.
“I believe there is absolute wisdom in what our elders say: that two heads are better than one. Consultation and consensus building have always proven to be better than unilateral decision making.
“It is my hope that our colleagues on the other side of the divide will display love of country and participate in this National dialogue unlike their boycott of the Senchi Forum in 2014,” he said.
President Mahama noted that the current economy was facing multiple challenges, including significant indebtedness among state agencies, the depreciation of the Cedi, and issues within the energy and financial sectors.
“Notwithstanding this gloomy background, I remain committed to leading this government, taking every necessary step to reset our economy, getting things back on track, and working with the good people of our country to build the Ghana we want…
“I will fix the economic crisis facing the country and reset it with growth and prosperity. My government, working with you and every Ghanaian, will solve the challenges because we have developed a plan with our people’s support,” he told the Minority in Parliament.
The President disclosed that the government was intensifying efforts to complete all pending structural reforms and would implement corrective measures through the budget to restore fiscal discipline and ensure debt sustainability.
“We look forward to a positive economic outlook as we restore macroeconomic stability, encourage exports, activate the 24-Hour Economy initiative, implement the US$ 10 billion ‘Big Push’ policy for swift infrastructure development, rationalise taxes, and foster inclusive growth,” he noted.
President Mahama also urged business owners and foreign investors to have confidence in the government’s ability to improve the country’s economic fortunes.
He stated, “The goal is prosperity for all, which must be shared, not the prerogative of a select few. It will support the development of a home-grown fiscal consolidation programme and highlight key structural reforms and policy priorities essential for resetting the economy and creating prosperity for all.”
GNA