From source briefed 🛑 (FSB)
February 27, 2025 at 01:56 PM
*FSB News insights 🚨*
*Source African ➖ Ghana 🇬🇭*
*Key takeaways from Mahama’s SONA2025*
President John Mahama’s SONA2025 outlined six key policies, including a lean government, anti-corruption measures, tax reforms, and boosting local food production. Here is what to know ⬇️
*Fighting Corruption and Strengthening Governance*
A major highlight of President Mahama’s speech was his firm stance on corruption. He assured Ghanaians that his administration would combat corruption effectively by ensuring accountability and transparency in public offices. He emphasized that corrupt officials would face legal consequences, signaling a renewed commitment to good governance.
To further streamline government operations, President Mahama pledged to reduce the size of government to no more than 60 ministers. He believes that excessive government spending has been a major drain on Ghana’s resources, and trimming the number of ministries will improve efficiency. Additionally, his administration will realign ministries, agencies, and departments to eliminate duplication and redundancy.
*Economic Reforms: Austerity and Improved Taxation*
President Mahama’s vision for Ghana’s economy revolves around austerity measures, waste reduction, and enhanced tax collection. He criticized the current economic landscape, citing excessive government expenditure and inefficient tax systems as key issues. His plan includes:
Expanding Ghana’s tax net to include more businesses and individuals.
Reforming tax waivers on investments to prevent unnecessary revenue loss.
Returning to homegrown economic solutions, reducing dependency on external aid and IMF programs.
*Boosting Agriculture: “We Will Grow What We Eat”*
One of the standout points in Mahama’s address was his commitment to reducing food imports by encouraging local food production. He stressed that Ghana has the capacity to produce most of its staple foods and should not rely heavily on imports. His government will implement policies that support farmers, improve irrigation systems, and provide subsidies for local agricultural production.
With these reforms, Mahama aims to create a self-sufficient Ghana, where food security is ensured and dependency on foreign imports is minimized.
*A Vision for Change*
President Mahama’s SONA2025 address painted a picture of a Ghana that prioritizes good governance, economic discipline, and self-reliance. His commitment to fighting corruption, restructuring government institutions, and promoting local production aligns with his broader vision of national prosperity. As Ghanaians anticipate the implementation of these policies, the coming months will determine how effectively these plans translate into action.
*From source briefed 🛑 (FSB)*