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Reading: Ghana’s economy shows improvement one year after 2024 elections — Political Strategist
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GeneralHeadlinesPolitics

Ghana’s economy shows improvement one year after 2024 elections — Political Strategist

A political analyst says Ghana has recorded notable economic gains under the NDC administration one year after the 2024 general elections, despite calls for electoral reforms.

Hamdia Mohammed By Hamdia Mohammed Published December 8, 2025
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Political analyst Dr. Bernard Tutu-Boahene has described Ghana’s journey one year after the December 7, 2024, general elections as largely positive, citing key economic gains under the National Democratic Congress (NDC) administration while calling for reforms in the electoral system.

Speaking on Morning Starr with Naa Dedei Tettey, Dr. Tutu-Boahene said the past year has been “a journey from the conduct of the election itself through to economic stability, economic improvement.”

He noted that while the 2024 elections, which brought President John Dramani Mahama to power, were generally peaceful, there is still room for improvement in Ghana’s electoral process.

“When it comes to the general conduct of the elections in 2024… we would still need some level of improvement in our electoral system going forward,” he said.

Assessing the performance of the NDC government nearly a year into office, Dr. Tutu-Boahene pointed to reductions in taxes, declining inflation and improved foreign reserves as signs of progress.

“We have seen some drop in taxes, which again has led to saving money in people’s pockets. We have seen reduced inflation, up I think below 7% in recent times,” he stated.

He added that Ghana’s foreign reserves have increased significantly, “moving from 6.8 billion to about 11 billion dollars in recent times, and again, we have seen some increases in our GDP.”

“These are good indicators to show that the economy is doing well,” he added.

However, Dr.Tutu-Boahene cautioned against excessive dependence on commodity exports such as cocoa and gold, urging the government to diversify and add value to exports.

“If the right decisions are going to be taken, and if we are not going to over-rely on the world market crisis of cocoa and gold… I think that Ghana will be a better place,” he said.

Source: Starrfm.com.gh

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TAGGED:1st anniversary2024 electionsDr. Tutu BoaheneEconomic reformsGhana News
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