At the CEO Summit in Accra on May 26, former President John Dramani Mahama expressed strong optimism about Ghana’s path to economic recovery.
He emphasized learning from past mistakes and embracing innovation as key drivers of growth.
Mahama outlined an 8-point plan for sustainable development:
IMF Programme Completion – Prioritizing fiscal discipline to complete the IMF program by 2026.
Capital Market Access – Reopening domestic and international bond markets, linking new borrowing to self-financing projects.
Strengthening Sovereign & Local Finances – Reforming contributions to sovereign funds and enabling municipalities to issue infrastructure bonds.
Clearing Arrears & Rationalizing Investments – Auditing and transparently clearing government debts, focusing on essential and strategic projects.
Public Financial Management Reforms – Reviving tools like the Treasury Single Account and real-time budgeting to reduce waste and corruption.
Export Promotion – Empowering the Ghana Exim Bank to boost non-traditional exports and create jobs.
Regional Trade Hub Vision – Positioning Ghana as West Africa’s trade, transport, and digital services hub, aligning with AfCFTA goals.
Infrastructure Investment – Driving growth through targeted infrastructure projects using innovative financing such as PPPs and the “Big Push” model.
Mahama reaffirmed his belief in Ghana’s resilience and its ability to build a more prosperous future.
