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    Mahama Praises Fare Cuts as Ghana's Economy Shows Signs of Recovery

    President Mahama Commends GPRTU for Fare Reduction Amidst Economic Recovery in Ghana President John Dramani Mahama recently visited the Bono East Region of Ghana, where he addressed the public and commended the Ghana Private Road Transport Union (GPRTU) for their decision to reduce transport fares. This action comes as the government reports progress in stabilizing the nation's economy after a period of significant challenges. "In January 2025, the state of our economy was in dire straits," President Mahama stated in his address. "We inherited an economy with high inflation, unsustainable debt, and widespread despondency." However, he emphasized the government's proactive approach, stating, "We chose instead to act decisively." The government's economic policies, including fiscal discipline and resource redirection towards national priorities, have begun to yield positive results. The reduction in transport fares by the GPRTU directly benefits Ghanaians, providing tangible relief. The president expressed his gratitude to the GPRTU and the Bank of Ghana for their roles in the economic turnaround. A local resident, commenting on the fare reduction, stated, "It's a huge help. Prices were so high before; it's easier to manage now." This sentiment reflects the wider positive impact of the economic stabilization efforts. President Mahama's visit and the GPRTU's action symbolize a step towards economic recovery and improved living conditions for Ghanaians.

    2 months ago
    GH
    Kintampo, Ghana
    news summary
    economy
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