Current Affairs - BrainBuzz

John Dramani Mahama returning as Ghana president on pledge to mend economy + UPSC?.ToString()?? UPSC?.ToString()+" Current Affairs";

UPSC Current Affairs


Persons in News

John Dramani Mahama returning as Ghana president on pledge to mend economy



Why in the news?
John Dramani Mahama, who is returning as Ghana's president eight years after losing power, achieved his political comeback on a promise to mend the West African country's economy.
About Election:
His main rival conceded defeat after partial results showed Mahama, 66, was on course to win presidential election and that his National Democratic Congress would win a parliamentary election held the same day.
About John Dramani Mahama:
📍The eldest son of a wealthy rice trader turned politician, Mahama became Ghana's interim leader in 2012 after the sudden death of President John Atta Mills, under whom Mahama served as vice president.
📍Mahama defeated his main challenger, Akufo-Addo, in an election a few months later - the first in a series of votes that pitted the two against each other.
📍During his four-year term, Mahama invested heavily in infrastructure but drew criticism over prolonged power shortages, macroeconomic instability and allegations of political corruption although he was not personally tainted.
📍He was first elected to parliament in 1996 and served as communications minister from 1998 to 2001. Atta Mills appointed him vice president in 2009.
📍Mahama failed to secure a second term as president in 2016, when Akufo-Addo defeated him on the back of falling gold, oil and cocoa export prices. Akufo-Addo defeated Mahama again in 2020 on a promise to restore growth.
Context and Issues in Ghana:
The election was dominated by Ghana’s economic crisis, including, High inflation (peaking above 50%).
A debt default that led to a $3 billion IMF bailout.
Currency devaluation and rising cost of living.
NPP’s campaign slogan, “Break the 8,” aimed at securing a third consecutive term, failed due to public dissatisfaction.


IN SHORT:
Mahama became Ghana's interim leader in 2012 after the sudden death of President John Atta Mills, under whom Mahama served as vice president.
John Dramani Mahama returning as Ghana president.

Useful information for all competitive exams:
Ghana:
Ghana, officially the Republic of Ghana, is a country in West Africa.
Capital: Accra
Government: Unitary presidential republic
Current President: Nana Akufo-Addo
President Elect: John Dramani Mahama
Currency: Cedi (GHS)

>> More UPSC Current Affairs