President John Dramani Mahama has revealed that officials from the International Monetary Fund (IMF) and the World Bank are astounded by the rapid pace of Ghana’s economic recovery, which has exceeded all expectations.
Speaking at the First Sky Group’s Thanksgiving Service in the Northern Region on Sunday, January 25, 2026, the President expressed his own shock at how quickly the economy has turned around since his administration assumed office amid severe challenges.
President Mahama noted that the inherited economic conditions were so dire that he had projected at least two years before any significant improvements would be visible. However, the recovery has defied those timelines, drawing international acclaim.
“We are all surprised and shocked at the speed of the recovery. Whenever I meet IMF and World Bank officials, they are amazed at what has happened in Ghana. Today, Ghana has become something of a poster child for the IMF and the World Bank,” he stated.
Highlighting key achievements, the President pointed to a dramatic reduction in inflation from 23.8 per cent to 5.4 per cent within a year, alongside a 37 per cent appreciation of the Ghanaian cedi. He described these milestones as evidence of the economy’s swift rebound.
“I have done this job before, and the crisis we faced was extremely difficult. In my own estimation, I thought it would take about two years to see an economic turnaround. But this is how far God has brought us,” President Mahama added.
He attributed the progress to prudent economic management, fiscal discipline, and divine intervention, emphasizing that such rapid gains could only be explained by the grace of God.