President John Dramani Mahama has emphasized that Ghana’s dependence on donor aid and external financial support cannot be resolved through rhetoric alone but requires decisive and strategic action.
Speaking at the 68th Independence Day celebration at the Jubilee House on March 6, 2025, President Mahama acknowledged ongoing concerns about the country’s reliance on imports, donor aid, and International Monetary Fund (IMF) bailouts.
However, he cautioned that merely reiterating these concerns without implementing tangible solutions risks turning them into a cliché.
“Discussions about our independence often highlight our reliance on imports, donor aid, and IMF bailouts as signs of continued dependency. This reminder is repeated so often that, while undeniably real, it risks becoming a cliché.
“Yet, the effectiveness of this reminder lies not in just repeating it but in our willingness to take decisive action—actions that will break the chain of dependency, not just empty rhetoric about an Africa beyond aid.
“Proclaiming self-reliance while marching straight into the hands of donor agencies, begging bowl in hand, is meaningless,” he stated.
Mahama assured Ghanaians that his administration is committed to restoring economic stability by implementing policies focused on fiscal discipline and self-sufficiency.
“To break this cycle of dependence and restore our economy, my administration is formulating policies based on fiscal discipline and living within our means,” he added.
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