Arise Ghana Hails Stability Under Mahama Administration

  

Pressure group Arise Ghana has delivered an extensive independent national assessment of Ghana’s state of affairs, marking one year of the John Dramani Mahama administration, describing the period as one of economic stabilization, cautious optimism, and unresolved structural challenges.
Addressing a press conference, the group said the engagement was not partisan but intended to spark a national conversation on governance, accountability, and the social contract between government and citizens.
According to Arise Ghana, Ghana inherited a deeply distressed economy in January 2025, characterized by inflation exceeding 23 percent, a rapidly depreciating cedi nearing GH¢16 to the dollar, soaring food and fuel prices, weak foreign reserves, high public debt, and collapsing investor confidence.
One year on, the group acknowledged significant macroeconomic improvements, citing a drop in inflation to 6.3 percent, economic growth above 6 percent, foreign reserves exceeding $11 billion, treasury bill rates falling to about 11 percent, and a more stable cedi trading between GH¢9.4 and GH¢10.6 to the dollar.
“These are not cosmetic gains,” Arise Ghana stated, noting that Ghana had stepped back from economic free fall and restored a sense of direction, although stability alone does not amount to prosperity.
The group credited fiscal discipline, debt restructuring, export growth through GoldBod and COCOBOD, and renewed investor confidence for the turnaround, while warning that corruption could easily erode the gains if not firmly tackled.
On governance, Arise Ghana welcomed the introduction of a Code of Conduct for public appointees, anti-corruption reforms, and Operation Recover All Loot (ORAL), but stressed that credibility would depend on prosecutions and convictions, not announcements.
The group specifically called for accountability in past financial scandals, urging the arrest and extradition of former Finance Minister Ken Ofori-Atta to face justice.
Arise Ghana also highlighted sectoral reforms, praising the stabilization of COCOBOD, the establishment of GoldBod to curb smuggling and improve state revenues, and the revival of the Tema Oil Refinery, describing TOR’s restart as a symbol of economic sovereignty.
The group further assessed the 24-Hour Economy initiative as promising but dependent on reliable electricity, security, transport, and regulatory clarity to succeed.
Despite the progress, Arise Ghana warned of persistent challenges, including illegal mining, youth unemployment, environmental degradation, and social inequality.
The group strongly rejected any calls for a third presidential term, describing such agitation as unconstitutional and dangerous to Ghana’s democracy.
“Ghana needs strong institutions, not perpetual leaders,” the statement said, urging President Mahama to govern effectively and exit constitutionally.
Arise Ghana concluded that Ghana stands at a critical threshold, calling on government, civil society, the media, and citizens to protect democratic gains and convert stability into inclusive development.