President Nana Addo Dankwa Akufo-Addo, in his final New Year address, painted a picture of hope and recovery for Ghana’s economy, attributing significant growth to strategic measures implemented by his administration. As his tenure comes to a close on January 6, 2025, the outgoing president highlighted the resilience of the Ghanaian people and the nation’s remarkable economic turnaround.
Economic Recovery and Growth
President Akufo-Addo emphasized Ghana’s 7.2% economic growth in Q3 of 2024, with a projected annual growth rate of 6.8%. This performance marks a significant recovery, especially in light of global economic pressures and domestic challenges.
“Our economy is rebounding impressively,” he stated. “These achievements go beyond statistics; they represent lives changed and futures made brighter.”
The president attributed this success to policies aimed at stabilizing the economy, promoting industrialization, and fostering an environment conducive to business growth. 
Post-COVID Resilience
Reflecting on the impact of the COVID-19 pandemic, Akufo-Addo acknowledged the economic and social challenges that tested the nation.
“The post-COVID-19 years have tested us to our limit, but they also reminded us of who we are – a people who rise together no matter the odds,” he said.
Despite hardships, including inflationary pressures and supply chain disruptions, the government’s interventions have laid the groundwork for recovery. These include initiatives to boost local production, support small and medium-sized enterprises, and attract foreign investment.
Unity and Gratitude
In his address, the president expressed gratitude to the Ghanaian people for their resilience and unity during difficult times. He acknowledged the sacrifices made by citizens and the collaborative effort required to achieve progress.
“May 2025 bring our families joy, peace, and abundant blessings. Let us step into the New Year with hope in our hearts and determination in our steps, knowing that together there’s nothing we cannot achieve,” he encouraged.
Farewell Reflections
As he prepares to leave office, Akufo-Addo expressed gratitude for the opportunity to serve and optimism for Ghana’s future.
“I am deeply grateful to the people of Ghana for their support and resilience throughout my time in office. Together, we have faced challenges, and together, we have achieved great things,” he remarked.
Outlook for 2025 and Beyond
President Akufo-Addo’s reflections underscore Ghana’s potential for sustained growth and development. As the nation enters 2025 under new leadership, the foundation laid by his administration will be key to building a prosperous and resilient future.
Watch President Akufo-Addo’s last message of 2024:
