Majority Leader Mahama Ayariga has declared that Ghana’s economy is on a solid recovery path, with key indicators showing progress in inflation, currency stability, debt management, and social spending.

Delivering his opening address to Parliament, Mr Ayariga said the government’s policies under President John Dramani Mahama had begun yielding “tangible and historic results.”

“The economy is rebounding and Ghana once again is gaining economic respectability globally — so far so excellent!” he declared.

He highlighted the consistent electricity supply, strengthening cedi, and single-digit inflation as signs of macroeconomic stability, saying the government was “spending within its means and on the right things.”

On healthcare, he revealed that the National Health Insurance Authority (NHIA) had paid GH₵2.84 billion in claims — the highest consistent payment trend since its inception — with no arrears outstanding.

“This improvement has restored confidence among healthcare providers and enhanced the Scheme’s credibility across all regions,” he said, adding that the uncapping of the NHIL had released an additional GH₵3.4 billion to fund key health initiatives such as Free Primary Health Care and MahamaCares.

Mr Ayariga also cited multiple international endorsements of Ghana’s economic turnaround — from the IMF, Bloomberg, and the African Development Bank (AfDB) — saying the country’s economic management was now receiving global respect.

“So much has been achieved in so short a time, but a lot remains to be done. We are not out of the woods yet,” he cautioned.