Close Menu
The1957News
  • Home
  • News
  • Business
  • Lifestyle
  • Entertainment
  • Sports
  • International

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

State to oppose Wontumi, Akonta Mining’s submission of no case – Deputy AG

February 5, 2026

We inherited a sick country with tattered economy – President Mahama

February 5, 2026

Ghanaians are the best judge – Oppong Nkrumah reacts to 3.8% inflation

February 5, 2026
Facebook X (Twitter) Instagram
The1957NewsThe1957News
Facebook X (Twitter) Instagram Pinterest
Subscribe
  • Home
  • News
  • Business
  • Lifestyle
  • Entertainment
  • Sports
  • International
The1957News
News

We inherited a sick country with tattered economy – President Mahama

By Political DeskFebruary 5, 2026
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

President John Dramani Mahama has revealed that his administration inherited a deeply troubled nation when he assumed office on January 7, 2025, describing the country as “sick” with a fragile economy and governance structures in tatters.

The President made the disclosure during his official three-day state visit to Zambia, where he addressed members of the Ghanaian community living in the country.

Reflecting on the circumstances surrounding his return to power, President Mahama outlined the severe challenges his government faced from day one, emphasising the urgent need for comprehensive intervention to avert further collapse.

“We inherited a country that was sick. The economy was in crisis, and governance was in tatters. We had so many issues in health, education, and agriculture, and most of all, we had defaulted on our debt. Our debt to GDP had risen above 100% and nobody wanted to lend to Ghana again,” he stated.

The President explained that the debt distress had severely damaged investor confidence and cut off Ghana’s access to critical international financial support, compounding the economic difficulties across multiple sectors.

He recounted how these harsh realities formed the core of his 2024 election campaign message, during which his team was candid with Ghanaians about the scale of the problems and the necessity for deep, systemic change.

“So we fought the election and we said our objective was to win power and reset Ghana in all sectors and I likened it to resetting a computer to work properly again,” President Mahama said.

He stressed that the goal was never merely to secure electoral victory, but to fundamentally overhaul and revive the nation’s institutions, economy, and key sectors such as health, education, and agriculture.

President Mahama reiterated that superficial measures would be insufficient to restore stability and sustainable growth, underscoring his administration’s commitment to a comprehensive reset of the country’s systems.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Political Desk
  • Website

Related Posts

State to oppose Wontumi, Akonta Mining’s submission of no case – Deputy AG

February 5, 2026

TMPC cracks down on unlicensed herbal operators in Madina and Ashaiman

February 5, 2026

Dr JB Danquah stands as an undisputed national figure – Abuakwa South MP

February 4, 2026
Don't Miss
News

State to oppose Wontumi, Akonta Mining’s submission of no case – Deputy AG

The Deputy Attorney-General, Justice Srem Sai, has disclosed that the prosecution will strongly oppose any…

We inherited a sick country with tattered economy – President Mahama

February 5, 2026

Ghanaians are the best judge – Oppong Nkrumah reacts to 3.8% inflation

February 5, 2026

DV plates cost GH¢417.25 – DVLA boss

February 5, 2026
Top Posts

State to oppose Wontumi, Akonta Mining’s submission of no case – Deputy AG

February 5, 2026

Global Securities Finance Industry Generates US$829 Million

December 6, 2022

Max International holds leadership training in Accra with CEO Joseph Voyticky

May 12, 2022

Asamoah Gyan Praises Twellium Industrial company Products being beyond International Standards.

May 13, 2022
Stay In Touch
  • Facebook
  • Twitter
  • Instagram
  • YouTube
  • TikTok

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

The1957News Is Ghana’s Trusted Information Source, Delivering Timely Reports On Leading Political Figures, Entertainment, Sports, And Business.

Email Us: info@the1957news.com
Contact: +233 24 586 5939

Facebook X (Twitter) Instagram YouTube TikTok Snapchat Threads
Our Picks

State to oppose Wontumi, Akonta Mining’s submission of no case – Deputy AG

February 5, 2026

We inherited a sick country with tattered economy – President Mahama

February 5, 2026

Ghanaians are the best judge – Oppong Nkrumah reacts to 3.8% inflation

February 5, 2026
Most Popular

State to oppose Wontumi, Akonta Mining’s submission of no case – Deputy AG

February 5, 2026

Global Securities Finance Industry Generates US$829 Million

December 6, 2022

Max International holds leadership training in Accra with CEO Joseph Voyticky

May 12, 2022
The1957News
  • Home
  • News
  • Business
  • Lifestyle
  • Entertainment
  • Sports
  • International
© 2026 The1957News. Designed by King Bygone's Media.

Type above and press Enter to search. Press Esc to cancel.