Ghana’s economic stability hinges on fiscal discipline -

The Country Managing Partner of EY Ghana, Emmanuel Adekhalor, has stated that stronger domestic revenue mobilisation, disciplined public spending and credible fiscal reporting will be critical to safeguarding Ghana’s macroeconomic stability and sustaining recent economic gains.

Speaking at the launch of the Ghana CEO Summit 2026 ahead of its May 28 meeting, Mr. Adekhalor said sustaining the country’s recovery will require a joint commitment from both government and the private sector.

He noted that prudent fiscal management and transparent reporting can help maintain the recent decline in inflation and strengthen investor confidence in the economy.

According to him, macroeconomic stability gives businesses the confidence to plan, expand and innovate, while policy uncertainty can quickly weaken even resilient companies.

Mr. Adekhalor stressed that government must widen revenue collection without placing excessive pressure on businesses, while ensuring public expenditure delivers measurable value to citizens.

He added that stronger fiscal rules and transparent reporting frameworks are essential to building trust in the economy and improving long-term predictability for investors.

Founder of the McDan Group of Companies, Daniel McKorley, also said Ghana’s improving economic conditions could create fresh opportunities to attract investment if macroeconomic progress translates into better business conditions.

He praised the government and the Bank of Ghana for stabilisation efforts but cautioned that economic gains must be felt by businesses and households to sustain confidence in the recovery.

Meanwhile, Convenor of the Ghana CEO Summit, Ernest De-Graft Egyir, said this year’s summit will focus on deepening cooperation between policymakers and business leaders to accelerate national economic transformation.