Mahama pledges better pensions as economy recovers

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President John Dramani Mahama has assured retired workers that his government will improve pension benefits as Ghana’s economy recovers, saying senior citizens will share in the gains of the country’s economic growth.

Speaking at the Republic Day Senior Citizens’ Luncheon in Accra, President Mahama said his administration is committed to rebuilding the economy while ensuring that retirees who contributed to national development enjoy a dignified standard of living.

“I pledge to our senior citizens that as the economy improves, we will improve not only wages and salaries for the active working population but also improve pensions for those who have sacrificed tirelessly for our dear nation, Ghana,” he said.

The President explained that government is laying the foundation for long-term economic growth through the implementation of the 24-Hour Economy and Accelerated Export Development Programme, which aims to increase production, create jobs and expand exports.

“We’re investing in skills, technology, manufacturing and value addition because we believe that Ghana must become a nation that produces more, exports more and creates prosperity for all,” he stated.

Mr Mahama said restoring macroeconomic stability remains a key priority of his administration, adding that the benefits of the economic recovery will be shared by both workers and pensioners.

He stressed that recognising the contributions of senior citizens goes beyond organising annual events, noting that the greatest honour government can bestow on them is to build a prosperous and resilient nation.

The President also highlighted government’s efforts to improve healthcare, strengthen education, modernise agriculture, deepen democratic governance and ensure prudent management of public resources.

He reaffirmed his administration’s commitment to improving the welfare of older persons, saying economic recovery must translate into better living conditions for retirees who devoted their lives to serving the country.

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