President John Dramani Mahama has reiterated the administration’s commitment to creating a business-friendly environment, saying that the private sector remains the driving force behind Ghana’s economic transformation.
Speaking at the Presidency during a courtesy call by the Ghana CEO Network, President Mahama highlighted the gains made in the country’s economic recovery.
He noted that Ghana’s GDP has risen to an estimated US$114 billion, and that the country is now ranked as the 8th largest economy in Africa.
President Mahama also underscored the importance of the administration’s 24-Hour Economy Policy and the Accelerated Export Agenda, urging industry leaders to focus on value addition and diversification rather than relying on exports of raw materials.
“The progress we are seeing is the result of fiscal discipline, reduced waste, and renewed investor confidence,we will continue to collaborate with businesses to sustain growth.
“Industry must move up the value chain we cannot build the future of our economy by exporting raw materials alone I urge you to align your strategies with the nation’s export and productivity goals,” he stated.
He further indicated that savings generated from fiscal reforms are being channelled into major initiatives, including the Big Push infrastructure programme, the Adwumawura entrepreneurship programme, and the Free Primary Healthcare programme.
He said these initiatives are intended to improve productivity and advance inclusive development.
The delegation, led by 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 on 28 May 2026.
Source: Vanessa Elizabeth Nkum
