President John Dramani Mahama has presented Ghana’s recent economic recovery and the government’s next phase of infrastructure and industrial programmes to world leaders at the 81st Session of the United Nations General Assembly in New York.
Addressing the General Assembly on Thursday, September 24 2026, President Mahama said his administration’s Resetting Ghana agenda had stabilised key parts of the economy through what he described as disciplined governance, fiscal prudence and an uncompromising fight against corruption.
He pointed to stronger growth, lower inflation, a more stable national currency and a reduced public debt burden as evidence of the turnaround.
The President said the recovery had also received recognition from multilateral financial institutions and international credit-rating agencies, but stressed that improvements in macroeconomic indicators must translate into better living conditions for citizens. “Economic growth must have a human face.” He placed jobs, infrastructure and access to basic services at the centre of the government’s next phase.
Recovery Story Takes Centre Stage
President Mahama told the UN that Ghana had moved from a period of economic vulnerability towards recovery, resilience and growth. He said some observers had described the turnaround as the “Ghanaian miracle”, while presenting the government’s fiscal and macroeconomic measures as the foundation for the progress recorded.
The President used the address to link that recovery to the broader Resetting Ghana agenda, which his administration has been promoting during engagements in New York. The Presidency has also highlighted trade, technology and economic cooperation during President Mahama’s UNGA81 engagements with international leaders and institutions.
President Mahama also presented Ghana’s democratic stability, respect for the rule of law and constitutional processes as part of the country’s development path. He said democratic progress can take time because it depends on participation and consensus, but argued that this also makes the resulting progress more sustainable.
While emphasising the gains, the President said macroeconomic progress alone was not enough. He said the government’s objective was to ensure that the recovery reached households through improved infrastructure, employment opportunities and stronger public services.
Big Push Anchors Infrastructure Drive
The President said the government was pursuing an aggressive national infrastructure programme under the Big Push initiative, covering roads, digital connectivity, schools and health facilities.
According to Mahama, the programme is intended to open up communities across the country, reduce the rural-urban infrastructure gap and improve access to basic services. He also linked improved infrastructure to agricultural production, saying stronger transport and connectivity could help unlock productive potential in different parts of Ghana.
Several major transport projects are already being advanced under the programme. Vaultz News recently reported that the Accra-Kumasi Expressway had moved further into its implementation phase after the cleared right-of-way was handed over for procurement and construction preparations.
Mahama said the infrastructure agenda was designed to support development across the country rather than concentrate investment in a limited number of urban centres, while improving access to services for communities regardless of location.
24-Hour Economy Targets Production and Jobs
Mahama also used the UN address to promote the government’s 24-Hour Economy and Accelerated Export Development Programme as central pillars of Ghana’s industrial transformation.
He said the government was working to encourage round-the-clock commercial activity, expand value addition in agriculture and mining, and create sustainable jobs for young people and women.
The 24-Hour Economy programme has increasingly moved from policy design towards specific industrial projects. Vaultz News reported earlier this month that six strategic industrial projects had been presented to private investors, including industrial parks, an agro-industrial corridor and a digital and logistics hub.
President Mahama said the wider objective was to transform Ghana into an industrial, high-productivity economy with stronger domestic production and export capacity.
New Ghana, New Economy Policy Coming
The President also announced that the government was preparing to launch the New Ghana, New Economy policy, which he placed alongside the 24-Hour Economy and export development programmes.
He said the policy would support the government’s effort to deepen industrialisation, improve productivity and expand value addition in sectors where Ghana has traditionally exported raw materials.
The President’s message at the UN placed employment at the centre of that agenda, with young people and women identified as major beneficiaries of the planned expansion in production and commercial activity.
President Mahama said Ghana’s economic programme would continue to combine macroeconomic stability with infrastructure development and productive investment. For his administration, he said, the measure of progress would ultimately be whether the country’s recovery produces visible improvements in people’s livelihoods.
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