President John Mahama has assured Ghanaians that the upcoming mid-year budget review, expected in August, will bring further good news as the economy shows signs of recovery and renewed momentum.
Speaking during his ongoing ‘Thank You Tour’ in the Upper West Region, the President said that economic indicators such as a stabilising cedi and declining cost of living point to a turnaround driven by deliberate policy measures.
“I’m sure that by the time the Finance Minister returns to Parliament in August for the mid-year review, we’ll have even more good news for Ghanaians,” President Mahama declared to an enthusiastic crowd.
He explained that his administration’s focus on fiscal discipline and targeted investment is beginning to pay off. In particular, he referenced the 2025 budget presented in March, which prioritised expenditure cuts and redirected funds to key social and economic development areas.
“Our aim was clear—to stabilise the economy. We cut down significantly on spending and ensured the savings were invested in priority areas as outlined in our manifesto,” the President said.
He praised the economic management team, singling out Finance Minister and the Governor of the Bank of Ghana for what he called “close collaboration and coordination,” which he credited for the ongoing economic recovery.
Looking ahead, Mahama announced that Cabinet is set to approve a new round of infrastructure investments under his administration’s flagship Big Push Programme, with a strong emphasis on national road projects.
“Cabinet will soon approve priority projects under the Big Push Infrastructure Programme. Understandably, a significant number of these will be in the road sector,” he disclosed.
Key infrastructure highlights include the dualisation of the Accra-Kumasi, Accra-Takoradi, and Accra-Aflao highways, alongside a planned new expressway between Accra and Kumasi expected to reduce travel time to just two and a half hours. Several major bridge projects are also on the agenda.
In the Upper West Region specifically, Mahama promised swift attention to the Watumu–Bolgatanga Trunk Road, which he described as a major pain point for residents.
“During the campaign, we travelled on the terrible road network that has become characteristic of the Upper West Region. In this region, under the Big Push, we are prioritising the Watumu–Bolgatanga Trunk Road,” he assured.
The President reiterated the National Democratic Congress (NDC)’s commitment to equitable development, stressing that historically marginalised areas would receive increased focus and investment.
“We are determined, under the guidance of the NDC’s 2024 manifesto, to bring transformational change to every corner of Ghana—especially to regions like the Upper West that have long been underdeveloped despite their huge potential,” he said.