Mahama Reaffirms Commitment to Private Sector Growth

President John Dramani Mahama has assured business leaders of his administration’s commitment to creating a stable and enabling environment for investment, business growth, and job creation.

Speaking during a courtesy call at the Presidency on Thursday, April 23, 2026, the President emphasised the importance of the private sector as a key partner in Ghana’s development, pledging stronger collaboration to drive shared prosperity.

The over 130-member delegation, led by Ernest De-Graft Egyir, Founder and CEO of CEO Network Ghana and the Ghana CEO Summit, formally invited the President to serve as Guest of Honour at the 2026 Ghana CEO Summit scheduled for May 28.

President Mahama highlighted his government’s commitment to sustaining recent economic gains while rolling out policies to accelerate growth and expand employment opportunities.

Central to this agenda, he noted, is the 24-Hour Economy Policy, a flagship initiative aimed at boosting production, maximising infrastructure use, and creating jobs across key sectors.

“The government deeply values the contribution that you are making, as we believe rebuilding and transforming the Ghanaian economy must be done in close partnership with the private sector,” he said.

As part of the Accelerated Export Agenda, the President stressed the need for value addition and diversification, urging businesses to move beyond reliance on raw material exports.

“I therefore encourage your members to assess opportunities within this framework and engage government on the support needed to implement this effectively,” he added.

He further pledged fiscal discipline, reduction of waste, and increased investment in productive sectors through programmes such as the Big Push infrastructure initiative, the Adwumawura programme, and Free Primary Healthcare.

President Mahama also pointed to improvements in Ghana’s economic outlook, noting that the country’s GDP has surpassed $100 billion and now stands at approximately $114 billion, with a stronger regional ranking and more sustainable debt levels.

He added that business confidence is gradually improving, supported by rising foreign direct investment and renewed domestic investment activity.

The President also outlined ongoing reforms to enhance transparency and reduce corruption, including the use of advanced technologies like artificial intelligence in customs and revenue collection.

For his part, Mr Egyir commended the President’s leadership, citing progress in debt management, fiscal consolidation, and efforts to stabilise the economy.