President Mahama announced a savings of GH₵19 million by scaling down Ghana’s 2025 Independence Day celebrations, which could have cost GH₵20 million. This decision is part of an effort to show fiscal responsibility amid economic challenges, while still honoring the importance of the occasion.
President John Dramani Mahama has defended the decision to reduce the scale of Ghana’s 2025 Independence Day celebrations, noting that this adjustment resulted in a savings of GH₵19 million. During the 68th Independence Day address on March 6, 2025, he stated that a full-scale event at Independence Square had an estimated cost of at least GH₵20 million. In contrast, the scaled-down celebration held at the Jubilee House was significantly less expensive.
President Mahama provided past spending figures for perspective, revealing that last year’s celebration in Cape Coast cost GH₵15 million and the previous year’s event in Ho totaled GH₵13.7 million. He emphasized the importance of financial prudence this year by stating, “In a year when we are calling on all to sacrifice, it is unconscionable to spend that amount on a few hours of celebration.”
Highlighting the broader context of Ghana’s economic struggles, he expressed that the decision reflects a commitment to fiscal responsibility. He recognized that Ghana’s Independence Day is a historic occasion but stressed that the current financial landscape necessitates restrained expenditures. Mahama remarked, “Reducing the scale of the event does not take away its importance.”
Typically, the Independence Day celebrations take place at the Black Star Square in Accra but have been rotated among regions in recent years. Due to the pressing economic challenges faced this year, Mahama indicated that the traditional arrangement had to be paused. The scaled-down event was attended by dignitaries such as former Presidents John Agyekum Kufuor and Nana Akufo-Addo, alongside special guest Jakaya Kikwete, the former President of Tanzania.
In summary, President Mahama’s decision to downscale the 2025 Independence Day celebrations was driven by the need for fiscal responsibility amidst economic challenges. The move resulted in significant savings for the country while maintaining the essence of the historic event. This initiative reflects a broader commitment to prudent financial management and responsible governance during a time of economic strain.
Original Source: www.gbcghanaonline.com
