Ghana elects former president John Mahama to tackle inflation and economic challenges

news.yahoo.com

Ghana has elected former President John Mahama to lead the country again, winning 56.6% of the vote in the December 7 elections. This marks his return after eight years, with his party, the National Democratic Congress, also gaining a majority in parliament. Mahama faces significant challenges, including high inflation and a heavy debt burden. He plans to initiate a national dialogue within his first 120 days to develop a fiscal policy aimed at economic recovery. The peaceful election and smooth transition of power may help attract investors back to Ghana, which has struggled economically in recent years. Mahama's administration will need to implement tough reforms to stabilize the economy and regain investor confidence.


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