Mahama to Expose ‘Sinkhole’ Economy in 2025 SONA – Haruna Iddrisu

President John Dramani Mahama is set to deliver his first State of the Nation Address (SONA) 2025, where he will provide a frank assessment of the troubled economy his administration has inherited. According to Haruna Iddrisu, the former Minority Leader in Parliament, Mahama will use the address to expose the severe economic mismanagement that has left Ghana in what he describes as a "sinkhole" economy.

Feb 27, 2025 - 10:10
Mahama to Expose ‘Sinkhole’ Economy in 2025 SONA – Haruna Iddrisu

Iddrisu asserts that the Mahama-led government has taken over an economy in dire straits, characterized by:

???? Unprecedented debt levels, with Ghana struggling to meet its obligations.
???? A weakened currency, which has led to inflationary pressures on businesses and households.
???? High unemployment, exacerbating socio-economic difficulties.
???? A fiscal deficit crisis, limiting government’s ability to finance critical sectors.

Mahama’s 2025 SONA will reportedly highlight these challenges while outlining a roadmap for economic recovery.

Exposing the ‘True State’ of Ghana’s Economy

The NDC stalwart insists that Mahama will not sugarcoat the economic realities but will instead lay bare the facts on how previous policies led to a fragile economy. “Ghanaians deserve to know the truth,” Iddrisu emphasized, adding that the government must reset expectations while working towards stabilizing the financial system.

Mahama’s Strategy for Economic Recovery

The Mahama administration is expected to introduce:

Immediate fiscal discipline to control excessive spending.
Debt restructuring plans to manage Ghana’s financial obligations.
Job creation programs, especially for the youth.
Policy measures to restore business confidence and encourage investments.

SONA 2025: A Defining Moment

With public expectations high, Mahama’s first major policy speech will set the tone for his presidency. Analysts believe the 2025 State of the Nation Address will be a watershed moment, revealing both the magnitude of Ghana’s economic challenges and the strategic steps to overcome them.

As the nation tunes in, all eyes will be on Mahama to deliver a bold and transparent vision for the way forward.

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