Government has pledged to uphold fiscal discipline while scaling up investments in critical growth sectors to consolidate Ghana’s economic recovery and position the country as a competitive business hub.
Chief of Staff at the Office of the President, Julius Debrah, said trade facilitation remains at the heart of government’s policy agenda, as part of efforts to unlock opportunities for businesses and boost regional and global competitiveness.
Speaking at the 2025 CEO Connect Summit organized by the Canada Ghana Chamber of Commerce, Mr. Debrah stressed that prudent macroeconomic management is being paired with targeted reforms to sustain growth momentum.
“Our government continues to prioritize trade facilitation and infrastructure to ease the movement of goods and services across borders, macroeconomic stability, and reforms to ensure that Ghana remains a safe and attractive investment destination,” he noted.
The Deputy Minister for Communication, Digital Technology and Innovation, Mohammed Adam Sukparu, underscored the role of technology and innovation in driving Africa’s competitiveness under the African Continental Free Trade Area (AfCFTA).
“As Africa embraces the AfCFTA, headquartered in Accra, its ability to integrate and prosper as one market is heavily dependent on digital technology, innovation, and strong partnerships,” he said.
He added that the Mahama-led administration is pursuing bold investments in digital transformation from e-governance platforms and financial inclusion initiatives to broadband expansion into rural areas to ensure that no community is left behind.
Meanwhile, the business community has largely welcomed ongoing reforms. Members of the Canada Ghana Chamber of Commerce expressed optimism about government’s plan to scrap the minimum capital requirement for foreign investors under the upcoming review of the Ghana Investment Promotion Centre (GIPC) Act.
Analysts say the twin focus on macroeconomic stability and private sector expansion highlights Ghana’s bid to balance fiscal prudence with bold structural reforms an approach that could enhance investor confidence and strengthen the country’s positioning in a competitive global market.
