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Fiscal reforms have returned GH₵6bn to the pockets of Ghanaians – Mahama

 President John Dramani Mahama has said that his administration’s fiscal reforms have returned an estimated GH₵6 billion to the pockets of ordinary Ghanaians, describing the move as a major step toward easing economic pressures and restoring stability.

Speaking during the 2026 State of the Nation Address (SONA) in Accra, the President said the gains were achieved through his government’s “Reset Agenda” a package of targeted fiscal and economic measures aimed at stabilising public finances, reducing the cost of living, and rebuilding economic confidence.

According to President Mahama, the reforms have gone beyond macroeconomic adjustments and are having a direct impact on household incomes.

Our reforms have not only stabilised the economy; they have put tangible money back into the hands of everyday citizens,” he told Parliament. “We estimate that the fiscal adjustments and tax relief measures we have implemented have freed up GH₵6 billion in disposable income for households across Ghana.”

PwC, Ghana, EconomyHe explained that a combination of prudent spending controls, revenue restructuring, and targeted tax reliefs contributed to the additional disposable income now available to families and businesses.

The President also highlighted improvements in key economic indicators, noting that inflation has declined significantly while overall macroeconomic stability has been restored. These developments, he said, are gradually strengthening purchasing power and supporting Ghana’s economic recovery.

President Mahama reaffirmed his administration’s commitment to sustaining the reforms, stressing that the focus remains on protecting livelihoods, promoting inclusive growth, and ensuring long-term economic resilience.

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