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Business leaders urge fiscal discipline, investment ahead of Ghana CEO Summit

byDaniel Oduro-Mensah
April 21, 2026
Reading Time: 2 mins read
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Strengthening domestic revenue mobilisation, improving the efficiency of public spending, and ensuring credible fiscal reporting will be critical to sustaining Ghana’s macroeconomic stability, according to Emmanuel Adekhalor, Country Managing Partner at EY Ghana.

He noted that these measures are essential not only for the government but also for the private sector, stressing that maintaining the country’s current economic gains requires a shared commitment from both policymakers and businesses.

According to him, sustained fiscal discipline and transparent reporting will help reinforce the downward trend in inflation, which has recently eased to about 3.2 percent.

Speaking at the press launch of the Ghana CEO Summit ahead of its May 28 gathering, Mr. Adekhalor emphasised that preserving macroeconomic stability is fundamental for business confidence and long-term investment.

He explained that stability creates an environment where businesses can plan, invest, and innovate with greater certainty, while economic volatility tends to undermine even the strongest enterprises.

Mr. Adekhalor stressed that achieving stability in practical terms means expanding government revenue in a way that does not stifle private sector growth, while ensuring that public spending delivers measurable value for citizens.

He added that credible fiscal rules and transparent reporting frameworks are equally important in strengthening trust in the economy and improving predictability for investors.

“When macroeconomic stability is safeguarded, businesses are able to invest and innovate with confidence.

But once that stability is eroded, even well-structured policies and resilient companies struggle to endure,” he said, highlighting the importance of disciplined economic management.

He further noted that sustaining the current trajectory will require consistent policy implementation and a strong commitment to transparency across all sectors of the economy.

Meanwhile, Founder and Executive Chairman of McDan Group of Companies, Daniel McKorley, also known as McDan, said the country’s current economic conditions present a strategic opportunity to attract new investments.

According to him, Ghana is at a pivotal stage in its recovery process, where progress in macroeconomic stabilisation must now translate into tangible improvements in business conditions and the broader economy.
Dr. McKorley commended the government and the Bank of Ghana for efforts to stabilise the economy, noting that declining interest rates signal progress in restoring macroeconomic balance.

However, he cautioned that policymakers must ensure that macro-level improvements filter through to the real economy, enabling businesses and households to feel the impact of the recovery.

“We are seeing encouraging progress in stabilising the macroeconomy, including the easing of interest rates. The next step is to ensure these gains translate into meaningful improvements within the microeconomy,” he stated.

The Convenor of the Ghana CEO Summit and Expo, Ernest De-Graft Egyir, also highlighted the summit’s role in shaping policy dialogue and strengthening collaboration between business leaders and policymakers over the past decade.

He noted that the platform has evolved into a key forum for discussing economic reforms, innovation and strategies for sustainable growth.

Mr. Egyir expressed optimism that this year’s edition will deepen cooperation between the public and private sectors while unlocking new opportunities to accelerate Ghana’s economic transformation.

According to him, the 2026 summit represents the culmination of a decade-long journey focused on advancing bold reforms through leadership, technology and industrialisation.

He added that the summit has grown beyond a conference into a national policy dialogue platform that continues to influence strategic economic decision-making.

The event is expected to bring together top executives, policymakers, and industry leaders to deliberate on strategies to drive investment, strengthen competitiveness and support Ghana’s long-term economic transformation.

Tags: Ernest De-Graft EgyirGhanaGhana CEO SummitGhana NewsPrivate Sector
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