Ghana is at a turning point, burdened by economic challenges, inefficiencies, and untapped potential.
The incoming Mahama government faces an immense task to improve the lives of Ghanaians. However, this cannot be achieved by following the same old ways. It will take bold decisions, tough reforms, and a willingness to prioritize the nation’s future over political interests.
The economy is in dire straits. High inflation, a depreciating cedi, and massive public debt have left citizens struggling. The IMF bailout, though necessary, is not enough. Mahama’s government must cut wasteful spending and focus on fiscal discipline.
Luxury purchases like V8 and V12 Toyota Land Cruisers for officials must stop. Switching to modest vehicles would not only save money but also show solidarity with the people. Reducing the oversized cabinet, which has drained resources in the past, can free up funds for essential sectors like education and healthcare.
The energy sector is another pressing issue. Erratic power supply and mounting debts have stifled progress. The recurring “dumsor” crisis is a painful reminder of the cost of inefficiency. Comprehensive reforms are needed, including renegotiating unsustainable energy contracts and investing in renewable energy to reduce reliance on costly thermal power. These steps may be difficult, but they are necessary for long-term stability.
Youth unemployment is Ghana’s most urgent social problem. Mahama’s government must invest in agriculture, technology, and manufacturing to create jobs. Past initiatives like the Planting for Food and Jobs program showed potential but were undermined by poor execution.
Focusing on agribusiness and value chains can create employment while boosting food security. Similarly, supporting the tech sector, where startups like mPharma have already thrived, could unlock opportunities for the youth.
The rising cost of living is crippling families. Inflation has made basic goods unaffordable, with food prices and transport costs skyrocketing. Policies must focus on stabilizing the currency and reducing import dependency. Targeted subsidies for essentials like fuel and food can provide immediate relief while reforms are implemented to build a stronger economy.
Corruption remains one of Ghana’s biggest obstacles. It erodes trust, deters investment, and wastes public resources. For instance, over GHS 12 billion in COVID-19 funds went unaccounted for, according to the Auditor-General. Mahama must empower anti-corruption institutions like the Office of the Special Prosecutor to act independently and prosecute offenders without fear or favor. Digitizing procurement processes and publishing contracts online can enhance transparency and reduce opportunities for graft.
Breaking away from the past is critical. Governance must not remain “business as usual,” where decisions are shaped by political expediency. Unpopular but necessary reforms, such as downsizing the bloated public sector and removing “ghost workers” from payrolls, must be tackled head-on.
Public sector wages consume over half of Ghana’s revenue, leaving little for development. Performance-based reforms are essential to ensure efficiency and accountability.
Ghanaians are not asking for miracles. They want leadership that is honest, bold, and focused on real change. Mahama’s government must rise to the occasion, cutting waste, addressing inefficiencies, and putting Ghana first.
The road ahead will not be easy, but with courage and determination, the government can lay the foundation for a prosperous and equitable nation. This is the moment to act—not out of fear of losing votes, but with the conviction that Ghana’s future is worth every sacrifice.
By Collins Adjei Kuffuor
The post A call for national vision: The Mahama administration’s opportunity to transform Ghana first appeared on 3News.
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