President John Dramani Mahama has reaffirmed his administration’s commitment to fostering a business-friendly environment, positioning the private sector as the engine of Ghana’s economic transformation.
Speaking during a courtesy call by the Ghana CEO Network at the Presidency, President Mahama highlighted significant strides in Ghana’s economic recovery. He revealed that the country’s Gross Domestic Product (GDP) has risen to an estimated $114 billion, making Ghana the eighth-largest economy in Africa.
According to the President, the progress is the result of prudent fiscal management, reduced public sector waste, and renewed investor confidence. He assured business leaders of sustained government collaboration to maintain economic stability and growth.
President Mahama also underscored the strategic importance of flagship initiatives such as the 24-Hour Economy Policy and the Accelerated Export Agenda. He urged industry players to focus on value addition and diversification, rather than relying heavily on raw material exports.
He further disclosed that savings generated from ongoing fiscal reforms are being reinvested into critical national programmes. These include the Big Push infrastructure initiative, the Adwumawura entrepreneurship programme, and the Free Primary Healthcare Programme—key interventions aimed at boosting productivity and ensuring inclusive development.
The delegation, led by Ernest De-Graft Egyir, commended the government’s economic management and expressed optimism about the country’s growth trajectory. The group also extended an invitation to President Mahama to serve as Guest of Honour at the upcoming Ghana CEO Summit 2026 scheduled for May 28, 2026.
The engagement highlights ongoing collaboration between government and the private sector as Ghana seeks to consolidate its economic gains and expand opportunities for businesses and entrepreneurs.
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