Mahama Presents Ghana’s Recovery Agenda at London Investment Summit

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President John Dramani Mahama has outlined Ghana’s economic recovery and reform plans at the Ghana–UK Investment Summit in London, highlighting a shift toward stability, growth, and stronger investor confidence.

The President said Ghana faced high inflation, fiscal pressure, and weak investor trust when his administration took office. Through disciplined economic management and targeted reforms, he noted that conditions have improved significantly.

Key economic indicators improve

Inflation has dropped from 23.8% in December 2024 to 3.4% in April 2026. International reserves now stand at nearly $13.9 billion. President Mahama added that Ghana’s economy grew by about 6% in 2025, with GDP exceeding $114 billion. The growth positions Ghana as the eighth-largest economy in Africa.

Industrialization and digital push

He reaffirmed the government’s commitment to a productive, export-led, and industrialized economy. Priority programs include the 24-hour economy policy, the Feed Ghana Programme, and the $10 billion Big Push infrastructure project. The President also announced a National Artificial Intelligence Strategy to drive innovation and digital transformation across sectors.

Energy and transport expansion

On energy, President Mahama cited a landmark $2 billion upstream gas agreement with Tullow and partners to strengthen supply. For connectivity, he revealed plans for a new national airline to improve trade, tourism, and export capacity.

People as the core asset

“Our greatest competitive advantage is our people,” the President emphasized. He described Ghana’s young, entrepreneurial, and democratic population as the foundation for sustainable economic progress and future investment opportunities.

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