A statement issued by the Ghana Presidency has reaffirmed government’s commitment to deepening collaboration with the private sector to drive Ghana’s economic transformation agenda.
The statement highlighted remarks attributed to President John Dramani Mahama following engagements at the 10th Ghana CEO Summit in Accra. It stressed that economic progress must be reflected in improved living conditions for citizens rather than being measured solely by statistical indicators. The statement noted that government is focused on sustaining an enabling environment that supports business expansion, innovation and job creation across key sectors of the economy.
The Presidency indicated that the administration views private sector participation as a critical pillar for strengthening national productivity and enhancing long term economic competitiveness. This approach is intended to ensure that enterprises are well positioned to contribute meaningfully to national development outcomes.
President Mahama, according to the statement, underscored the interdependence between government performance and business success, noting that stronger enterprises contribute directly to improved fiscal stability social development. He stressed that coordinated efforts between state institutions and private sector are essential for addressing structural bottlenecks within the economy and improving efficiency in production systems.
The statement also confirmed that President Mahama has been appointed Patron of the Ghana CEO Summit in recognition of his continued engagement with the business community. The summit brought together senior government officials, regulators and industry leaders to explore pathways for investment growth, industrial expansion and economic transformation.
The government is committed to translating policy dialogue into practical outcomes that strengthen the business environment and expand opportunities for local enterprises. It further emphasised that sustained collaboration between the public and private sectors will remain central to Ghana’s development strategy in the coming years.
Mahama Calls For Economic Reset With Private Sector
President John Dramani Mahama called for deeper collaboration between government and the private sector to accelerate Ghana’s economic transformation, stating that sustainable growth depends on bold reforms, industrial expansion and increased investment in productive sectors.
He noted that national development requires coordinated effort between policymakers, investors and industry leaders.
President Mahama also stressed that economic transformation must be judged by its impact on citizens’ daily lives rather than macroeconomic statistics alone. He explained that policy direction must prioritise real economic outcomes for ordinary Ghanaians.
He assured investors that recent macroeconomic stability would be sustained following Ghana’s completion of the International Monetary Fund Extended Credit Facility programme and its transition into a Policy Coordination Instrument arrangement. According to him, this step is aimed at reinforcing fiscal discipline and maintaining policy credibility over the medium term to support long term economic confidence.
The President also addressed regulatory challenges within the business environment, noting that excessive bureaucracy and overlapping procedures continue to slow down investment and production. He stated that improving efficiency across public institutions is essential to reducing delays, strengthening transparency and enhancing Ghana’s competitiveness in global markets.
His Excellency highlighted agribusiness value chains and industrialisation as key drivers of economic transformation, stressing the need to increase value addition across sectors such as cocoa, rice, textiles and manufacturing. He also explained that the proposed 24-hour economy is designed to boost productivity through better use of labour, infrastructure and market systems.
President Mahama therefore urged chief executives and investors to maintain confidence in Ghana’s economic direction, adding that government is focused on moving from policy discussions to practical implementation that delivers jobs, strengthens production and supports sustained private sector growth.
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