Mahama Reaffirms Commitment to Private Sector Growth, Highlights Economic Gains

  • Mahama Reaffirms Commitment to Private Sector Growth, Highlights Economic Gains

President John Dramani Mahama has reaffirmed his administration’s commitment to creating a business-friendly environment, positioning the private sector as central to Ghana’s economic transformation.

Speaking during a courtesy call by the Ghana CEO Network at the Presidency, the President outlined key gains in the country’s economic recovery. He noted that Ghana’s Gross Domestic Product (GDP) has risen to an estimated $114 billion, making it the eighth-largest economy in Africa.

President Mahama attributed the progress to fiscal discipline, reduced government waste, and renewed investor confidence. He assured business leaders of his administration’s readiness to maintain strong collaboration with the private sector to sustain growth.

He also underscored the importance of flagship policies such as the 24-Hour Economy Policy and the Accelerated Export Agenda. The President urged industry leaders to focus on value addition and economic diversification rather than continued reliance on raw material exports.

According to him, savings from ongoing fiscal reforms are being reinvested into major national initiatives, including the Big Push infrastructure programme, the Adwumawura entrepreneurship programme, and the Free Primary Healthcare Programme, all aimed at boosting productivity and promoting inclusive development.

The Ghana CEO Network delegation, led by Mr. Ernest De-Graft Egyir, commended the government’s economic management and invited President Mahama to serve as Guest of Honour at the upcoming Ghana CEO Summit scheduled for May 28, 2026.

By Blessed EDUAMOAH DADZIE

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