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President John Dramani Mahama delivering his speech at the event

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President John Dramani Mahama in his address at the 2025 Kwahu Business Forum at Mpraeso, on Saturday April 19, 2025 outlined a five-point action plan aimed at empowering entrepreneurs and strengthening Ghana’s private sector.

Präsident John Dramani Mahama hält seine Rede bei der Veranstaltung

Speaking on the theme, “The Future of Business: The Role of the Financial Sector,” President John Dramani Mahama laid out his vision for building a resilient, inclusive, and productive Ghanaian economy.

 

He listed the five points as:

  1. Expanding access to affordable financing through institutions such as the Ghana Development Bank, the Women’s Development Bank, and strategic partnerships with private financial institutions.
  2. Providing targeted support for SMEs, including access to tailored financing packages, tax incentives, and technical assistance.
  3. Modernizing infrastructure-including roads, logistics networks, and digital connectivity-to create an enabling environment where businesses can grow and compete effectively.
  4. Reducing the cost of borrowing by reforming the credit system and promoting blended finance instruments to make capital more accessible.
  5. Refocusing the financial sector to serve the real economy, shifting emphasis away from government lending and speculative trading toward productive investment in businesses.

 

In addition to the action plan, President Mahama highlighted the forthcoming Jobs and Skills Compact, a major initiative aimed at aligning education and vocational training with the demands of the job market.

 

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