President John Dramani Mahama has outlined how his government has managed to stabilise the Ghanaian economy after inheriting what he described as an “off-track” administration.

Speaking during a community engagement in the Savannah Region on Saturday, May 23, 2026, President Mahama disclosed that although Ghana has completed its International Monetary Fund programme, the government is not in a hurry to celebrate.

According to him, there is still more work to be done to stabilise and strengthen the economy, stressing that all key performance indicators were off track when his administration assumed office.

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“We have also come to the end of the IMF programme. We inherited the IMF programme from the previous government.

“At the time we took over from the previous government, all the agreed performance indicators were off track,” he said.

President Mahama further explained the tough measures his government had to implement to bring the IMF programme back on track.

“It meant that the programme was in danger of derailment. So, in the first quarter after we took over, we had to take some stringent measures to realign the programme and bring it back on track,” he stated.

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The president also stressed that his government would not hold any elaborate celebrations, which he described as a “kenkey and waakye party”, following the completion of the IMF programme.

“But we are not going to hold a kenkey party because we believe the work is still in progress.

“Unlike others who exited the IMF programme and organised waakye and kenkey parties, celebrating their freedom from the IMF, we are not going to do that because we know the economy still requires a lot of work,” he added.

JHM/BAI

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