President John Dramani Mahama has called on Ghanaians to remain steadfast and committed to national progress despite the economic hardships facing the country.

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Delivering an address from the Jubilee House to mark the 68th Independence Day celebration, the president emphasized the need for resilience, drawing inspiration from the struggles and triumphs of Ghana’s founding leaders.

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"In recent years, poor choices have stunted our prospects and left us reeling from serious challenges. This stark reality, far from dampening our spirit, must spur us on to strive for rapid development," he stated.

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"For if our forebears with far less did not permit their backs to be broken by repressive and exploitative colonial administration, representing an imperial power, how can we, their progenies armed with far more, despair in the face of these challenges?" he added.

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He stressed the importance of unity, perseverance, and a collective commitment to rebuilding Ghana, reaffirming his administration’s vision for the country’s future.

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"As I said before Parliament, we shall live the dreams of our forebears in our lifetime. This is not just a promise; it is a call to action," he declared.

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Mahama’s remarks echoed the theme of this year’s Independence Day celebration, "Reflect, Review, and Reset," which underscores the need for national introspection and a renewed sense of purpose.

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"Let this be our mission—to rise above fear, silence the voices of doubt, harness the strength within us, and create a future that is fair, prosperous, and inclusive," he urged.

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His message comes at a time when Ghana continues to grapple with economic difficulties. The country’s macroeconomic crisis in 2022 has significantly impacted poverty levels, with an estimated 30.3% of Ghanaians living in poverty as of 2023.

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Ghana’s public debt has soared to GHS721 billion due to excessive borrowing, contributing to rising inflation and cedi depreciation. The government spent GHS6.1 billion on debt servicing in February 2025 alone and is projected to pay GHS180 billion next year, according to Felix Kwakye Ofosu, Minister-designate for Government Communications and spokesperson for the president.

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Economic analysts and stakeholders have urged the government to implement bold tax policy measures and reforms to improve fiscal stability and restore investor confidence.

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Government is set to provide the 2025 budget and economic statement to inform the citizens on the path ahead in ensuring economic recovery.

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