President Mahama Unveils 7-Member Committee for National Economic Dialogue

Jan 26, 2025 - 21:12

Accra, Ghana - 26 Jan, 2025 - Ghana's President John Dramani Mahama has established a seven-member committee to spearhead a National Economic Dialogue, a key component of his 120-day Social Contract with Ghanaians.

The committee, chaired by esteemed economist Dr. Ishmael Yamson, aims to tackle Ghana's pressing economic challenges and lay the groundwork for sustainable development.

The National Economic Dialogue (NED) seeks to foster consultation and consensus among stakeholders on policies crucial for transforming Ghana into a high-growth, inclusive, and resilient economy. To achieve this, the committee will organize a high-level dialogue, bringing together experts and stakeholders to discuss policy trade-offs and build consensus on necessary reforms.

Other members include Dr. K.Y. Amoako, Professor John Gatsi, Mohammed Samara, Nelly Mireku, Anthony Sarpong and Ernest De-Graft Egyir.

Key Objectives of the National Economic Dialogue:

- Communicating the true state of Ghana's economy to stakeholders and citizens
- Fostering dialogue and consultation on pressing development challenges
- Developing a homegrown fiscal consolidation program to guide the national budget
- Identifying structural reforms and policy priorities for an economic reset

The committee has four weeks to submit its report, marking a critical step in addressing Ghana's economic challenges, from fiscal sustainability to structural transformation and resilience.