Audio By Carbonatix
President John Dramani Mahama has expressed optimism about Ghana’s economic future, declaring that the country is beginning to witness early signs of macroeconomic stability after years of turbulence.
He made this statement while addressing the Kwahu Business Forum on Saturday, April 19, 2025.
Acknowledging the economic difficulties Ghana had endured—soaring inflation, a weakened cedi, rising debt levels, and declining investor confidence—President Mahama said the worst may be over.
“We’re all aware of the challenges our country has faced in recent years, but I’m confident, and I say this with sincerity, that we will turn the corner,” he assured.
He cited the gradual easing of inflation and a stabilising currency as signs of progress under disciplined economic management. “With this disciplined management, we shall restore a measure of confidence in our economy,” he added.
However, the President stressed that recovery alone is not enough and called for bold action to transform the economy into one that is resilient, inclusive, and productive, adding that "this cannot be achieved without a financial sector that works not just for a few, but for every Ghanaian business—from the roadside vendor to the massive industrialist,” he said.
Outlining his administration’s vision for Ghana’s business landscape, President Mahama announced plans for a targeted programme to restore investor confidence by enhancing transparency, reducing bureaucratic red tape, and promoting a rules-based investment environment.
He further emphasised that government policy would prioritise sectors capable of generating sustainable employment and long-term growth, including agro-processing, ICT, manufacturing, tourism, renewable energy, and the green economy.
Again, he stressed that while attracting foreign investment remains crucial, his government is equally focused on empowering Ghanaians to become owners and drivers of enterprise.
Latest Stories
-
Yale School of Management names Togbe Afede XIV as global chair
1 hour -
Citizen Attoh: The multifaceted voice of Ghana’s media and heritage
2 hours -
Breaking borders, building futures: How African-led AI is rewriting the rules of global innovation
3 hours -
Guinea orders dissolution of 40 political parties, including three main opposition groups
3 hours -
Dozens killed as Israeli special forces raid Lebanese village in search of 40-year-old remains
3 hours -
Trump demands ‘unconditional surrender’ from Iran as Putin speaks with Iran’s president
4 hours -
Iran Embassy in Ghana opens Book of condolence after death of Supreme leader in US-Israel attacks
5 hours -
GPL 2025/26: Vision FC cruise past Berekum Chelsea with emphatic 3–1 win
5 hours -
GPL 2025/26: Samartex held by Dreams FC as winless run extends to five
5 hours -
New Juaben North MP challenges gov’t to provide evidence of jobs created and cheap loans
6 hours -
Nadowli-Kaleo District marks 69th Independence Day with cultural exhibition, academic awards
6 hours -
Confusion, tension rock NPP polling station registration exercise in Tarkwa-Nsuaem
7 hours -
Burger King opens first Kumasi branch in Ahodwo
7 hours -
Burma Camp Tennis Club hosts successful 12th Ghana–Nigeria Independence Day Tennis Tournament
7 hours -
Rights, justice and action for all women and girls must include women and girls with disabilities
7 hours
