This weeks edition of Ghana in Focus looks at the hopes and aspirations for 2025 following the NDC's historic landslide victory.
The political landscape is shifting, and many are eager to see what this government will prioritise during its term. With complexities like economic instability, rising costs of living, and pressing social issues, the new administration has a challenging road ahead. With Mahama's leadership and support from Vice President Naana Opoku Agyeman, it's vital to evaluate the sectors that need immediate focus in order for Ghana to thrive.
One of the most critical issues facing the nation is its economy. With Ghana grappling with a cost of living crisis and inflation rates that do not accurately reflect the true rise in prices for essential goods, Mahama's government must tackle these economic hurdles head-on. Official inflation statistics place rates at around 25%, but many believe that on-the-ground realities tell a different story. The skyrocketing prices of food—some items have seen increases of over 300% in just three years—pose a serious threat to the everyday lives of Ghanaians.
The new administration will face particular challenges in the area of debt restructuring. Ghana has entered international agreements in pursuit of crucial loans, which come with the requirement to restructure debts that have burdened the economy. The country's debt-to-GDP ratio has been dangerously high, indicating unsustainable financial practices that must be corrected to avoid future economic collapse.
Health is another major area that requires urgent attention. The COVID-19 pandemic exposed the numerous weaknesses in Ghana's healthcare system, highlighting a dire need for investment. Basic medical equipment and facilities are lacking, leading to unnecessary casualties and health crises within the population, especially among children and young adults. The new government needs to not only address the inadequacies but also widen access to the National Health Insurance Scheme to ensure all Ghanaians are provided with adequate healthcare, while also focusing on prevention through public health initiatives and education.
Agriculture represents both opportunity and necessity for Ghana's vision towards 2025. It's evident that reliance on imports for food is untenable; the nation's fertile lands can provide for its people if given the right supportive policies and infrastructure. Initiatives that promote self-sufficiency in food production should be introduced, like the famous Acheampong era "Operation feed yourself" programme
Moreover, a massive concern for the future of Ghana lies in illegal small-scale mining, which poses significant threats to the environment and water sources.
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