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Home Featured

Mahama: We inherited a sick economy and governance in tatters

Mahama blames economic decline and weak institutions on previous administration

by The Custodian News
February 5, 2026
in Featured, Politics, Reviewz
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Mahama sick economy

President John Mahama

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President John Dramani Mahama has said his administration inherited a nation in deep distress, marked by economic collapse and weak governance structures.

Speaking during his official three-day state visit to Zambia, where he met with members of the Ghanaian community living in the country, Mahama said the country was already “sick” when his government assumed office, with the economy in crisis and state institutions struggling to function effectively.

According to the president, the challenges his administration faced were not isolated setbacks but the result of systemic weaknesses that had accumulated over time. He argued that stabilising the economy and restoring confidence in governance required difficult decisions and sustained reforms.

Mahama said his government prioritised efforts to rebuild institutions, restore fiscal discipline, and invest in critical infrastructure to lay the foundation for long-term growth.

He said “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 ratio had risen above 100%, and nobody wanted to lend to Ghana again.

“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.”

He maintained that while progress was made, the scale of the problems inherited limited how quickly ordinary Ghanaians could feel results.

The president also urged the public to assess his record in the broader context of the conditions under which his administration took office, stressing that governance should be judged not only by outcomes but by the realities leaders confront when they assume power.

His comments come amid renewed political debate over Ghana’s economic trajectory and governance record, as political actors trade blame for the origins of the country’s current challenges.

Tags: President John Dramani MahamaZambia
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