Nhyiaeso lawmaker Dr Stephen Amoah has said that in just less than fifty days that the Mahama administration has been in place the government has borrowed GHS 59 billion.
Dr Amoa said this while addressing the press in Parliament on February 27, 2025, during the State of the Nation Address (SONA), presented by President John Dramani Mahama.
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“All the payments the President [Mahama] is referring to—where did they get the money from? In less than two months, the NDC government has borrowed almost GH¢59 billion, an unprecedented amount. Ghanaians have given them the mandate, but they must be held accountable,” Dr Amoah said.
He added “We handed over a restored economy to the Mahama government—an economy that was operational and fundamentally strong.”
During the SONA, President John Dramani Mahama said among other things that youth unemployment is the biggest challenge facing Ghana.
He notes that youth unemployment threatens national security. To that end, he said, he has set up the Ministry of Youth Development to address the concerns of youth unemployment.
He said “The youth unemployment has led to despair and frustration. This poses a major security risk to our country and requires urgent attention.”
In other matters, President Mahama urged the New Patriotic Party (NPP) and their Minority in Parliament not to boycott the upcoming national economic forum as they did during the Senchi Forum.
Delivering his maiden State of the Nation Address in Parliament on Thursday, February 27, he said he seeks to bring everyone on board to build the country.“I am confident that the sacrifice we have all made this year will benefit our county going into the future,” he said.
“Together we shall build the Ghana we all want,” he stressed.
The Mahamaa administration had announced the National Economic Dialogue, scheduled for March 3rd and 4th, 2025, at the Accra International Conference Centre.
This important gathering will offer a platform for Ghanaians to respond to the pressing economic challenges and forge actionable solutions to foster sustainable economic growth. President Mahama will lead the dialogue with a Keynote Address centred on “Resetting Ghana: Building the Economy We Want Together.”
This initiative represents a crucial step in fulfilling President Mahama’s campaign promise to involve citizens in discussions that shape their economic future. The dialogue will promote consensus and collaboration among participants regarding priority policies and structural reforms.
The outcomes of the forum are expected to begin the journey towards economic revitalisation, ultimately enhancing business opportunities and improving living conditions across the country. It will bring together key stakeholders from the private sector, academia, public policy institutions, and civil society organisations.
