President John Dramani Mahama is calling for Africa to have a stronger voice in the world’s multilateral financial institutions.
He argues that the global financial architecture is skewed against the continent.
President John Dramani Mahama made the remarks while delivering Ghana’s address at the 80th United Nations General Assembly.
“We demand not only a reform of the Security Council, but also a reset of the global financial architecture, which is currently rigged against Africa. Africa must have a greater say in the world’s multilateral financial institutions,” he declared.
President John Dramani Mahama has also been touting Ghana’s economic turnaround under his administration.
He said his government has strengthened the cedi, reduced inflation to 11.5%, and restored price stability within eight months of assuming office.
“In just eight months, we have achieved a significant reduction in inflation, from 23.8% in December 2024 to 11.5% in August 2025, restoring price stability for our citizens. Additionally, the Ghana cedi has appreciated considerably against other currencies, with Bloomberg reporting it as the best-performing currency in the world at one point. Our improved sovereign credit rating reflects increasing investor confidence. Our 24-Hour Economy Initiative promises to transform our economy,” the president remarked.
