President Mahama to deliver first State of the Nation Address today

In light of Ghana's recent economic challenges, President Mahama is anticipated to present a detailed roadmap aimed at revitalizing the economy. Key areas of focus will include measures to curb inflation, stabilize the national currency, and reduce the fiscal deficit. The President is also expected to discuss initiatives designed to attract both domestic and foreign investments, thereby fostering sustainable economic growth.​The Ghana Report

Job Creation and Youth Employment

Addressing the pressing issue of unemployment, particularly among the youth, is high on the President's agenda. The administration has previously announced ambitious plans to generate 1.7 million jobs between 2025 and 2029. In his address, President Mahama is likely to provide further insights into programs such as the 'Adwumawura Programme,' the 'National Apprenticeship Programme,' and the 'One Million Coders Programme,' all aimed at equipping the youth with essential skills and creating employment opportunities. ​The Ghana Report

Education and Social Interventions

Building upon his commitment to education, President Mahama is expected to reaffirm the continuation and enhancement of the Free Senior High School (SHS) policy. Plans may include addressing infrastructural deficits, reducing overcrowding in schools, and strengthening Technical and Vocational Education and Training (TVET). Additionally, the President might outline strategies to provide free tuition for first-year students in public tertiary institutions and ensure inclusive education for persons with disabilities. ​The Ghana Report

Environmental Sustainability and Mining

The issue of illegal mining, or 'galamsey,' has been a significant concern due to its detrimental effects on the environment. President Mahama is anticipated to introduce policies that promote sustainable mining practices, balancing economic benefits with environmental preservation. This approach aims to regulate the sector effectively, ensuring that mining activities do not compromise Ghana's natural resources. ​The Ghana Report

Tax Reforms

In response to public outcry over certain taxes deemed burdensome, the President is expected to announce the abolition of specific levies, including the E-levy, COVID-19 levy, emissions levy, and the 10% betting tax. This move is intended to alleviate the financial strain on individuals and businesses, thereby stimulating economic activity. ​The Ghana Report

Women's Development and Financial Inclusion

Recognizing the pivotal role of women in economic development, President Mahama has pledged to establish a Women's Development Bank. This institution aims to provide accessible financial services to women entrepreneurs, particularly those who face challenges securing loans from traditional banks. The initiative seeks to empower women economically, fostering inclusive growth and reducing gender disparities in access to financial resources. ​The Ghana Report

As President Mahama addresses the nation, citizens and stakeholders alike will be keenly observing the outlined policies and initiatives, assessing their potential impact on Ghana's socio-economic landscape.​