President John Mahama has detailed an eight-point strategy that will form the bedrock of his economic reset plan.
This is expected to boost investor confidence, deepen fiscal discipline, and drive long-term growth as the government steers the country onto a path of development.
President Mahama presented this at the 9th Ghana CEO Summit under the theme "Leading Ghana's Economic Reset: Transforming Business and Governance for a Sustainable Futuristic Economy." Addressing guests at the programme, President Mahama expressed confidence that a successful rollout of the strategy would transform Ghana tremendously, as the country witnesses positive signs that have brought a significant boost to the cedi.
Speaking at the May 26 summit, the president outlined his grand plan as follows: Completing the IMF Programme with DisciplineMahama emphasized the importance of maintaining strict fiscal discipline in government spending and borrowing while working towards targets set under the extended credit fund.He expects Ghana to complete the fourth review of the IMF programme in June 2025, with an exit strategy by 2026, followed by policy support engagement to reinforce responsible financial practices.