At the 2025 Kwahu Business Forum, President John Dramani Mahama announced far-reaching reforms for Ghana’s financial sector aimed at promoting access, affordability, and real sector growth. Addressing business leaders, entrepreneurs, and stakeholders, he said his government will retool the financial system to better serve productive enterprises rather than focusing on government borrowing and speculative trading.
“Our financial sector must serve the real economy,” he said. “That means supporting the small farmer, the local manufacturer, and the young entrepreneur.”
The reforms will include reducing the cost of borrowing, improving credit systems, and introducing blended finance models. The government will also partner with banks, fintechs, and mobile money providers to deepen financial inclusion, especially in rural and underserved communities.
“No economy can grow if its people remain excluded from the formal financial system,” President Mahama emphasized.
Additional measures include expanding affordable financing through the Ghana Development Bank and the soon-to-be-established Women Development Bank. The President stressed that every Ghanaian must have access to the financial tools needed to participate in economic growth and development.
