President John Dramani Mahama has assured Ghanaians that the country’s economy remains resilient and firmly under control despite ongoing global economic uncertainties and external shocks.

Addressing a durbar dubbed “Accounting to the People” in Tamale on Sunday, as part of his two-day Resetting Ghana Tour of the Northern Region, the President emphasised that prudent economic management continues to sustain stability.

“The country’s economy is in safe hands. The economy is resilient, and despite the external events taking place, our economy is still sound and strong,” he stated.

The event was attended by chiefs, residents, and government officials, with sector ministers outlining key achievements and ongoing initiatives over the past year.

President Mahama highlighted fiscal discipline, inflation control, and sustained infrastructure investment as key indicators of economic strength. He noted that despite global challenges, including rising fuel prices and supply disruptions linked to international conflicts, Ghana has managed to cushion citizens from severe economic shocks.

According to him, government interventions have helped stabilise petroleum prices and prevent sharp increases in inflation. He added that prudent policies have also contributed to stabilising the national currency and maintaining relative price stability.

On inflation, the President indicated that the rate had dropped significantly from over 24 per cent when his administration assumed office to below four per cent, attributing the decline to sound fiscal management.

He further disclosed that despite Ghana’s limited access to the international capital market following its debt default, government has continued to fund major development projects through domestic resource mobilisation.

Citing infrastructure as a key focus, President Mahama revealed that approximately 2,000 kilometres of roads are currently under construction nationwide. These include major highways linking regions as well as roads connecting regional and district capitals.

He stressed that executing such large-scale projects without reliance on external borrowing demonstrates both the resilience of the economy and government’s commitment to responsible economic governance.