Wednesday, 28 May

Mahama unveils eight-pillar economic recovery plan at Ghana CEO Summit

Business
President John Mahama

President John Dramani Mahama has unveiled a comprehensive eight-pillar strategy aimed at revitalising Ghana’s economy and steering it toward long-term sustainable growth.

The plan places strong emphasis on fiscal discipline, restoring investor confidence, and attracting strategic investments across key sectors.

Speaking at the 9th Ghana CEO Summit in Accra, held under the theme “Transforming Business and Governance for a Sustainable Futuristic Economy”, President Mahama outlined the roadmap his administration would implement to rebuild Ghana’s economic foundations.

He reaffirmed his commitment to fiscal responsibility, describing it as critical to Ghana’s efforts to exit the ongoing International Monetary Fund (IMF) programme by 2026.

Mahama highlighted prudent spending and responsible borrowing as cornerstones of the plan, noting that these measures would be central to regaining macroeconomic stability.

“We are targeting the completion of the fourth IMF programme review by June 2025,” he announced, calling it a key milestone toward reaching the final phase of Ghana’s agreement with the Fund.

 

President Mahama’s address drew attention from business leaders, policymakers, and development partners as he positioned economic recovery and inclusive growth at the heart of his vision for Ghana’s future.

Source: Classfmonline.com/Pearl Ollennu