Flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, has expressed heartfelt appreciation to bondholders, the business community, and the Ghanaian public for their critical support in the government’s debt restructuring efforts, which have played a significant role in stabilizing the economy. Speaking at the Ghana CEO Presidential Gala he lauded the sacrifices made by various stakeholders as essential to the country’s economic recovery.
“I would like to take this opportunity to show gratitude to the Ghanaian people, especially the business community and the bondholders, for the sacrifices you all made in supporting government’s efforts to restructure our debts and safeguard the economy,” Dr. Bawumia stated.
He underscored the resilience and collaborative spirit that have been instrumental in Ghana’s journey toward economic stability.
A pillar of economic growth
Dr. Bawumia used the occasion to reaffirm his dedication to fostering a vibrant business environment, which he views as essential for long-term economic prosperity.
Emphasizing the central role of the private sector in Ghana’s growth, he asserted that “thriving economies are built on strong and resilient businesses.”
He explained that robust businesses are fundamental for job creation, innovation, and sustainable development.
As part of his commitment, Dr. Bawumia outlined key measures his government has implemented to empower businesses.
These include promoting entrepreneurship, enhancing access to credit, and advancing digitalisation—all aimed at bolstering Ghana’s economic competitiveness.
Bawumia Means Business
In his address, Dr. Bawumia reiterated his long-standing commitment to business development, from his career as a banker to his tenure as Vice President and now as the NPP’s presidential candidate.
“Ladies and gentlemen, as you may all be aware, Bawumia means business! From being a banker to Vice President to Presidential candidate of the NPP, my commitment to business development has been consistent,” he said.
“The reason is simple. When businesses do well, the economy does well. Show me a buoyant national economy in any part of the world and I’ll show you strong and resilient businesses behind it.”
Outlook for Ghana’s economic recovery
In a forward-looking message, Dr. Bawumia expressed optimism about Ghana’s economic trajectory, noting that the debt restructuring initiative has laid a strong foundation for growth.
He reassured the audience that Ghana’s economy, despite recent challenges, is steadily improving and positioned for further progress.
With continued support from the business community and bondholders, Dr. Bawumia envisions a Ghana that emerges stronger and more resilient in the coming years.
