President John Dramani Mahama has declared that Ghana’s economy is rebounding strongly, assuring citizens that the country is regaining stability and positioning itself for sustained growth.

Delivering his State of the Nation Address on February 27, the President stated confidently that “Ghana is back and Ghana is working again,” emphasising that the nation is open for business and ready to attract investment.

According to him, the government’s 'Reset Ghana agenda' is gaining momentum, as authorities lay the foundation for a stronger, more resilient, and more prosperous country.

“Our nation is on the runway and in take-off mode.

The journey continues, and the hope is real,” he said.

President Mahama revealed that Ghana’s economy has recorded significant growth in 2025.

The country’s Gross Domestic Product (GDP) is projected to reach 113 billion dollars, up from 83 billion dollars at the end of 2024.

He noted that this growth places Ghana among the top ten largest economies in Africa.

He further disclosed that the average GDP growth rate for the first three quarters of 2025 stands at 6.1 percent.

However, he cautioned that growth without fiscal discipline would not yield sustainable results.

“Growth means nothing without discipline,” he stressed.

According to the President, Ghana achieved a primary surplus of 2.6 percent of GDP, surpassing the initial target of 1.5 percent.

Additionally, the fiscal deficit was reduced to 3.1 percent, significantly lower than the projected 3.8 percent.

President Mahama described these achievements not merely as prudent governance but as evidence of fulfilled promises.

He explained that reduced borrowing and more responsible spending have helped ease pressure on households and businesses.

As a result, interest rates are declining and private sector activity is gradually improving.