Ghana’s economy, which was inherited in a dire state, is beginning to show signs of improvement under President John Dramani Mahama, according to Professor Sharif Mahmud Khalid, an Economic Advisor at the Office of the Vice President.

Speaking on TV3’s Key Points program while analyzing the President’s State of the Nation Address, he stated, “This government inherited a very overheated economy, with all indicators pointing in a negative direction.”

However, he emphasized that economic sentiment is beginning to shift.

“The market is responding positively due to the signals the President has sent,” he said, expressing confidence in the administration’s early interventions to stabilize the economy.

Professor Khalid’s remarks come amid widespread concerns over Ghana’s economic health following years of financial struggles under the previous government.

The country’s debt burden, inflation rates, and currency depreciation were among the major challenges that characterized the past administration’s economic trajectory.