(VIDEOS) Mahama Pledges to Reduce Cost of Doing Business in Ghana
President says reforms will boost investment, industrial growth and job creation after IMF programme.
- Government commits to reducing delays and regulatory bottlenecks for businesses.
- Mahama says Ghana is entering a new phase of industrial transformation.
- IMF programme gains to be translated into real economic opportunities.
President John Dramani Mahama has assured the business community that government is committed to reducing the cost of doing business in Ghana as part of efforts to drive economic growth and industrial transformation.
Speaking at the 10th Ghana CEO Summit, the President said ongoing reforms are aimed at creating a more stable, transparent and business-friendly environment that supports investment, production and job creation.
He stressed that businesses should not be burdened with unnecessary delays, unclear administrative procedures, or overlapping regulatory requirements that slow down economic activity.
President Mahama further noted that Ghana is entering a new phase of economic transformation focused on production and industrial expansion, following the completion of the country’s IMF-supported programme.
He explained that while the IMF programme helped restore macroeconomic stability, strengthened policy discipline, and improved investor confidence, the next priority is to translate those gains into real economic opportunities for citizens.
According to him, government will continue to implement reforms that make Ghana a more competitive destination for both local and foreign investment, while ensuring that economic growth leads to sustainable job creation.
From Prince Joe Boadi
