President John Dramani Mahama has reaffirmed his commitment to Ghana’s two-term presidential limit, emphasizing that his absence from the 2028 ballot will strengthen his ability to enforce fiscal discipline and curb the perennial election-year overspending that has fueled cyclical economic crises.
Speaking during a bilateral meeting with Singaporean President Tharman Shanmugaratnam on a three-day state visit, President Mahama criticized the practice of incumbent governments circumventing fiscal safeguards to curry favor with voters.
He pledged to uphold fiscal responsibility ahead of the 2028 polls, stressing: “I will not be a candidate in the next elections, and therefore I can hold the line when it comes to fiscal discipline.”
President Mahama also highlighted the gains his administration has achieved since his return to office following a landslide victory in the 2024 elections, citing rapid declines in inflation and interest rates, as well as a significant appreciation of the cedi.
His remarks directly counter claims by members of the opposition New Patriotic Party that he intends to seek a third term after his current and final tenure.
The bilateral talks in Singapore focused on strengthening economic cooperation and investment.
By Komla Klutse
