Economist, Prof. Patrick Asuming has rated the first year of the Mahama administration as positive, saying the government came into office with a clear plan and has succeeded in changing the overall mood of the country.
Speaking on the performance of the government on Citi FM’s The Big Issue on Saturday January 10, Prof. Asuming said it was evident from the early weeks of the administration that there was a well-defined strategy guiding its actions.
According to him, even for those who may not agree with all the government’s policies, it was clear that the President knew what he wanted to do and moved quickly to implement his agenda.
“I think you have to say the first year of the administration has gone well. Right from the opening weeks, you got the sense that there was a clear plan on what the strategy is and what they want to do, and the President wasted no time in doing it,” he said.
Prof Asuming noted that one of the key achievements of the administration has been its ability to restore confidence and shift public sentiment after years of economic difficulty.
He recalled that from 2022 through to the end of 2024, the country experienced a prolonged crisis that left the economy largely stagnant and the public discouraged.
He explained that data from the Bank of Ghana’s Consumer and Business Sentiment Surveys showed a clear change in outlook once it became apparent that there would be a change in government.
According to him, sentiment began to improve even before the administration officially took office.
“If you track the Bank of Ghana’s consumer and business sentiment survey, the moment it became obvious that there was going to be a change, you began to see that moods changed and sentiments shifted,” he said.
Prof Asuming added that the administration capitalised on this renewed optimism by taking decisive steps, including honouring some of its campaign pledges in its first budget. He said this helped build trust and carry many Ghanaians along in the early stages of governance.
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