Former Member of Parliament for Mion, Mohammed Abdul Aziz, says the recent decline in prices of goods under President John Dramani Mahama’s administration is unprecedented in Ghana’s history.
According to him, Ghanaians are experiencing economic conditions they have not seen before, pointing to falling inflation and what he described as actual reductions in the prices of some goods.
Speaking on TV3 on December 26, the former MP stated, “We believe that Ghanaians are experiencing what they haven’t seen before. In my life, this is the only first time I have seen prices of goods going down. In what point in time or history did we record prices going down, especially at the level that we’re seeing today.”
He attributed the development to policies implemented by the current National Democratic Congress (NDC) administration under President Mahama, arguing that the administration has delivered on its promise to improve the living conditions of ordinary citizens.
Mohammed Aziz also referenced statements from the Minister for Finance, Cassiel Ato Forson, during his vetting before Parliament, noting that the minister had outlined three key priorities.
“When the Minister for Finance appeared before parliament for vetting, I’m sure most of us have actually forgotten, he had three things he said he wanted to achieve; to cut expenditure, reduce our debt levels and also stabilize the local currency,” he said.
He added that those commitments were now yielding results, pointing to the stability of the cedi, reduced expendature and what he described as reduced waste in the system.
The former MP further suggested that public perception about the country’s economy reflects the government’s performance.
“To the extent that the Ghanaian people are enjoying all these goodies from President Mahama and the NDC. We can only be excited,” he said.
“It’s not surprising to us that about 66% of Ghanaians think that the country is moving in the right direction. Some people for very pure political reasons will not see anything good under President Mahama and the NDC and so they can come under the 34%,” he added.
Mohammed Aziz also dismissed arguments from critics, particularly members of the New Patriotic Party, who acknowledge falling inflation but insist that prices are still rising.
He described such claims as “very loose analysis,” explaining that, “Inflation trending down does not mean that prices will go down. What it means is that the rate at which prices go up, will slow down. In this case, we’re even seeing prices going down.”
Ghana’s latest headline inflation rate fell to 6.3 percent in November 2025, down from 8.0 percent in October, marking the 11th consecutive monthly decline and the lowest level recorded since the price rebasing in 2021.
