President John Dramani Mahama has set-up a seven-member National Economic Dialogue (NED) Planning Committee as part of his 120-day Social Contract with Ghanaians.

The initiative aims to tackle Ghana’s pressing economic challenges and lay the foundation for sustainable development.Ghanaian-themed art

The committee, chaired by renowned economist Dr. Ishmael Yamson, will organise a high-level dialogue to foster consultation and consensus on policies essential for transforming Ghana into a high-growth, inclusive and resilient economy.

It has four weeks to submit its report.Other members include Dr. K.Y. Amoako, Professor John Gatsi, Mohammed Samara, Nelly Mireku, Anthony Sarpong and Ernest De-Graft Egyir.

In a statement issued on January 26, 2025, Felix Kwakye Ofosu, Acting Spokesperson to the President, outlined the NED’s objectives which include communicating the true state of Ghana’s economy to stakeholders and citizens.

“The NED will offer a platform for dialogue and consultation on the country’s pressing development challenges. It will also discuss policy trade-offs and build consensus on reforms needed to transform Ghana into a high growth, inclusive and resilient economy”, the statement read.

Other responsibilities of the Committee will be to develop a homegrown fiscal consolidation program to guide the national budget and help identify structural reforms and policy priorities for an economic reset.Ghanaian-themed art

The National Economic Dialogue represents a critical step in addressing Ghana’s economic challenges, from fiscal sustainability to structural transformation and resilience.

By:Abigail Arthur