President John Dramani Mahama has assured Ghanaians that his government’s economic policies are beginning to ease the daily burden on households, with prices of key goods and services showing consistent declines across markets.
Speaking at his Presidential Media Encounter in Accra on Wednesday, September 10, the President said the ultimate goal of his administration’s economic strategy is not just to post better figures, but to put real money back into the pockets of citizens.
“Our approach to economic management goes beyond improving the macroeconomic indicators. It’s about making the Ghanaian household feel the impact in their everyday lives,” President Mahama said.
He cited inflation, which has fallen from 23.8 percent in December 2024 to 11.5 percent in July 2025 — the lowest in nearly four years — as a key driver of this household relief.
The President noted that the improvement is already visible in the market, with consumers enjoying lower prices on a wide range of items.
“For the first time in years, brands and businesses are actively advertising their price reductions. This is a sign that recovery is not only real but tangible,” he said.
Trade associations have reported to Parliament that up to 4,500 different products have seen price reductions, confirming that relief is spreading across sectors and households.
President Mahama stressed that this positive trend demonstrates his administration’s commitment to ensuring that economic growth translates into better living conditions for ordinary Ghanaians.
