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Mahama Says Ghana Lost $78 Million Following U.S. Aid Cuts

By: Ebenezer Adu-Gyamfi / Emmanuel Ayiku for GhanaianNewsCanada | May 18, 2026

John Dramani Mahama has disclosed that Ghana lost approximately $78 million in financial support following cuts to aid from the United States, warning that the development has placed pressure on critical sectors of the economy, particularly health and social intervention programmes.

Speaking during an engagement on national development and economic challenges, President Mahama said the reduction in U.S. support has created funding gaps affecting several government-backed initiatives and humanitarian programmes.

According to him, the aid cuts have particularly affected areas tied to healthcare delivery, public support systems, and vulnerable populations that previously benefited from donor-backed interventions.

President Mahama stressed that the government is now working to identify alternative funding sources while strengthening domestic revenue mobilisation to reduce dependence on foreign assistance.

He indicated that Ghana must increasingly focus on self-sustaining economic policies and long-term planning capable of protecting national programmes from external financial disruptions.

The President further suggested that shifting global priorities among donor countries have affected aid flows to developing nations, forcing governments to rethink traditional financing models.

The disclosure comes amid broader conversations across Africa about the sustainability of foreign aid and whether countries should reduce reliance on donor support in favour of stronger domestic investment and local revenue generation.

Economic analysts say reductions in international development assistance can have ripple effects on healthcare systems, food security, education programmes, and poverty alleviation projects, particularly where governments rely heavily on external grants.

Government officials have however assured that efforts are ongoing to maintain essential services despite the funding challenges while seeking partnerships and financial reforms to bridge the gap.

The issue is expected to feature prominently in policy discussions surrounding national budgeting, development priorities, and Ghana’s long-term economic resilience.


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