By Francis Kobena Tandoh
President John Dramani Mahama said on Friday his administration will build on the macroeconomic gains to create jobs and improve livelihood for the working people.
Addressing workers on international workers day, or May Day in Koforidua, capital of the Eastern Region, under the theme: “Pivoting to growth, jobs and sustainable livelihoods: Resetting Ghana beyond macroeconomic stability,” Mahama said the government has been able to lay a strong foundation since assuming office in January 2025.
He emphasized that the next phase of his “resetting agenda” is centered on improving the well-being of workers.
“When we took office, our first task was to stabilize the economy—rein in inflation, reduce interest rates, and restore fiscal discipline. Today, we have made good progress. Stability is the foundation, but it is not the house. Our mission is clear; we want to turn stability into opportunity. We will not just manage the economy; we will expand it to create jobs and prosperity,” said the Ghanaian leader.
He assured the people that a new economic policy that focusses on investing at least one per cent of gross domestic product (GDP) annually in high-impact sectors that generate employment would soon be presented to Cabinet and Parliament.
Mahama also emphasized his flagship 24-hour economy policy, recently approved by the Parliament of Ghana is a key strategy to boost productivity and industrial growth.
International Workers’ Day, also called Labor Day in some countries and often referred to as May Day, is a celebration of laborers and the working classes that is promoted by the international labor movement and occurs every year on May 1. Enditem
Source: Ghana Eye Report
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