President Mahama Touts Early Signs of Economic Stability, Announces Launch of Investor Confidence Restoration Programme
President John Dramani Mahama has expressed confidence in Ghana’s economic rebound, citing emerging signs of macroeconomic stability after years of fiscal turbulence and uncertainty.
Speaking at the Kwahu Business Forum on Saturday, April 19, 2025, the President acknowledged the economic headwinds that have buffeted the country in recent years—rising inflation, a depreciating cedi, mounting public debt, and waning investor confidence—but assured the business community that Ghana is on the path to recovery.
“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,” President Mahama stated.
He pointed to the gradual decline in inflation and signs of currency stabilisation as early indicators of progress, attributing them to what he described as “disciplined economic management.”
“With this disciplined management, we shall restore a measure of confidence in our economy,” he added.
Despite the cautious optimism, President Mahama underscored that macroeconomic recovery alone was not sufficient, stressing the need for structural reforms that would lead to a more resilient, inclusive, and productive economy.
“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 asserted.
Outlining his administration’s economic vision, President Mahama announced plans to launch a targeted investor confidence restoration programme aimed at enhancing transparency, streamlining bureaucratic processes, and entrenching a rules-based investment climate.
He further disclosed that government policy under his leadership would prioritise high-growth sectors with the potential to drive long-term employment and economic transformation. These sectors include agro-processing, information and communications technology (ICT), manufacturing, tourism, renewable energy, and the green economy.
While affirming his administration’s commitment to attracting foreign capital, the President stressed the importance of local enterprise development, adding that economic transformation must be anchored by Ghanaian ownership and participation.
“Our focus is not just on bringing in foreign investment,” he said. “It’s equally about empowering Ghanaians to become owners and drivers of enterprise.”
The Kwahu Business Forum, part of the broader Easter festivities in the Eastern Region, serves as a platform for dialogue between policymakers, entrepreneurs, investors, and civil society stakeholders.
