Dr. Stephen Amoah, the Nhyiaeso lawmaker, has stated that the Mahama administration has borrowed GHS 59 billion in less than fifty days since taking office.
Dr. Stephen Amoah, addressing the press in Parliament on February 27, 2025, during the State of the Nation Address (SONA) by President John Dramani Mahama, criticized the government’s borrowing practices. He stated, “In less than two months, the NDC government has borrowed almost GH¢59 billion, an unprecedented amount. Ghanaians have given them the mandate, but they must be held accountable.” Dr. Amoah further emphasized, “We handed over a restored economy to the Mahama government—an economy that was operational and fundamentally strong.”
During the SONA, President Mahama highlighted youth unemployment as the biggest challenge facing Ghana.
President Mahama highlighted that youth unemployment is a major threat to national security. In response, he revealed the creation of the Ministry of Youth Development to address the issue.
He emphasized that youth unemployment has led to widespread despair and frustration, posing a serious security risk to the country. He stressed the need for urgent action to address this issue.
In other matters, he urged the New Patriotic Party (NPP) and the Minority in Parliament not to boycott the upcoming national economic forum, as they did during the Senchi Forum. He expressed his commitment to involving all stakeholders in building the nation, stating, “Together we shall build the Ghana we all want.”
He announced the National Economic Dialogue, scheduled for March 3rd and 4th, 2025, at the Accra International Conference Centre. This event will allow Ghanaians to discuss and find solutions to the country’s economic challenges. He will deliver the keynote address on the theme “Resetting Ghana: Building the Economy We Want Together,” reaffirming his promise to include citizens in shaping the country’s economic future and fostering consensus on key reforms.
He mentioned that the forum’s outcomes are expected to kickstart the journey toward economic revitalization, ultimately enhancing business opportunities and improving living conditions throughout the country. The forum will bring together key stakeholders, including those from the private sector, academia, public policy institutions, and civil society organizations.
