Mahama Touts $114 Billion GDP, Pushes 24-Hour Economy as Key to Private Sector Growth

President John Dramani Mahama has touted Ghana’s economic recovery, announcing that the country’s GDP has reached an estimated $114 billion and positioning the 24-Hour Economy Policy as the catalyst for private sector-led growth.

The President made the disclosure during a courtesy call by the Ghana CEO Network at the Presidency.

He said the GDP milestone now places Ghana as the 8th largest economy in Africa, a development he linked to fiscal discipline, reduced waste in public expenditure, and renewed investor confidence.

President Mahama reiterated his administration’s strong commitment to creating a business-friendly environment, describing the private sector as the driving force behind Ghana’s economic transformation.

He assured business leaders that government will sustain collaboration with industry to protect gains and accelerate expansion.

He placed special emphasis on the 24-Hour Economy Policy and the Accelerated Export Agenda, urging industry leaders to shift from raw material exports to value addition and diversification.

“We cannot build a resilient economy on cocoa beans and gold bars alone. We must process, manufacture, and export finished goods,” the President stated.

To support that shift, he explained that savings from ongoing fiscal reforms are being channelled into key productivity initiatives.

These include the Big Push infrastructure programme to improve roads and logistics, the Adwumawura entrepreneurship programme to fund youth-led businesses, and the Free Primary Healthcare Programme to strengthen human capital.

The delegation, led by Ernest De-Graft Egyir, commended government’s economic management and the stability it has brought to the business climate.

The Ghana CEO Network formally invited President Mahama to serve as Guest of Honour at the upcoming Ghana CEO Summit on May 28, 2026.

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