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Business News of Monday, 26 May 2025

    

Source: www.ghanawebbers.com

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

President John Dramani Mahama has introduced an eight-pillar strategy. This plan aims to revitalize Ghana’s economy for sustainable growth.

The strategy focuses on fiscal discipline and restoring investor confidence. It also seeks to attract strategic investments in key sectors.

Mahama spoke at the 9th Ghana CEO Summit in Accra. The theme was “Transforming Business and Governance for a Sustainable Futuristic Economy.” He outlined how his administration will rebuild Ghana’s economic foundations.

He emphasized the importance of fiscal responsibility. This is crucial for exiting the current International Monetary Fund (IMF) program by 2026.

Mahama mentioned prudent spending and responsible borrowing as key measures. These will help regain macroeconomic stability. He stated, “We are targeting the completion of the fourth IMF programme review by June 2025.” This is a significant milestone toward fulfilling Ghana’s agreement with the Fund.

His address attracted attention from business leaders and policymakers. Mahama positioned economic recovery and inclusive growth at the center of his vision for Ghana's future.