President Mahama revealed that Ghana saved GH₵19 million by scaling back the 2025 Independence Day celebrations, which would have cost GH₵20 million in a full-scale event. The decision is part of efforts to demonstrate fiscal responsibility amidst economic challenges, while acknowledging the historical importance of Independence Day.
On March 6, 2025, President John Dramani Mahama announced that Ghana saved GH₵19 million by reducing the scale of the Independence Day celebrations. He remarked that a full-scale event at Independence Square would have cost a minimum of GH₵20 million, contrasting with the scaled-down event held at the Jubilee House, which incurred significantly lower expenses.
Last year, Ghana spent GH₵15 million in Cape Coast for the celebrations, and GH₵13.7 million the year prior in Ho. President Mahama emphasized that in the context of economic sacrifice, it would be unconscionable to spend such a considerable sum on a brief celebration.
This decision is part of a larger strategy to demonstrate fiscal responsibility amid the ongoing economic crisis in Ghana. The President acknowledged the significance of Independence Day, underscoring the need for prudent financial practices in light of current realities.
He stated that scaling down the event does not diminish its significance; rather, it reflects an understanding of economic conditions. While Independence Day holds substantial historical value for the nation, now is the time for responsible expenditure.
Traditionally held at Black Star Square, Independence Day celebrations have been rotated among regions, but this year’s financial situation necessitated reverting to a more modest approach. The scaled-down event incorporated attendance from prominent government officials, including former Presidents Kufuor and Akufo-Addo, and foreign dignitaries such as former Tanzanian President Jakaya Kikwete, the special guest.
In light of Ghana’s economic challenges, President Mahama’s decision to reduce the scale of Independence Day celebrations reflects a commitment to fiscal responsibility. Saving GH₵19 million by hosting the event at Jubilee House rather than Black Star Square illustrates the need for prudent financial management. The significance of Independence Day is maintained even as the nation adapts to current economic realities.
Original Source: www.gbcghanaonline.com
