No pay, no drains: How Mahama's inflation obsession cut spending and stalled Accra's mega flood project
President John Mahama tightened government spending taps for months before his second term, leading to capped disbursements, swept accounts, and contractors being told to wait for payments for work done. This action was taken because Mahama and the NDC warned that high government spending was choking progress and driving inflation. Headline inflation fell from 23.5% in January 2025 to 3.8% by January 2026, petrol prices dropped, and the cedi appreciated against the dollar.
The Greater Accra Resilient and Integrated Development Project (GARID), a $350 million World Bank-funded project started under the Akufo-Addo administration, was paused in the name of controlling inflation. GARID's job was to reduce flood risk, fix solid waste management, upgrade drains, and strengthen emergency response. By May 2026, the World Bank had rated GARID's progress.
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President John Mahama's administration prioritized curbing inflation, leading to significant cuts in government spending. This fiscal discipline
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