{"id":104619,"date":"2025-11-29T09:22:18","date_gmt":"2025-11-29T09:22:18","guid":{"rendered":"https:\/\/sotnews.agency\/?p=104619"},"modified":"2025-11-29T09:22:18","modified_gmt":"2025-11-29T09:22:18","slug":"gncci-calls-on-government-to-explore-ppp-options-avoid-borrowing","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=104619","title":{"rendered":"GNCCI calls on government to explore PPP options, avoid borrowing\u00a0 \u00a0"},"content":{"rendered":"
\n
\n \t<\/i> Read Time:<\/span>2 Minute, 55 Second <\/div>\n\n <\/div>
\"GNCCI<\/p>\n

The Ghana National Chamber of Commerce and Industry (GNCCI) has called on the government to explore public\u2013private partnership (PPP) options instead of borrowing. \u00a0<\/p>\n

Mr Stephane Miezan, President of the Chamber, said this could include partnerships with domestic private sector investors as an alternative to additional borrowing. \u00a0<\/p>\n

Mr Miezan was speaking at the 6th edition of the Chamber National Dialogue Series in Accra. \u00a0<\/p>\n

The Dialogue Series is designed to bring policymakers, industry leaders, academics, and experts into one shared space to exchange insights into critical national issues.\u00a0<\/p>\n

This dialogue focused on the review of the 2026 National Budget, its orientation, policy direction, and, most importantly, its implications for private sector development. \u00a0<\/p>\n

The president called on the government to remain steadfast in ensuring that the budget was effectively implemented to improve the economy.\u00a0<\/p>\n

He said, \u201cOver the years, we have observed well-designed policies presented in national budgets but left unimplemented.\u201d \u00a0<\/p>\n

He urged the government to reconsider plans to re-enter the domestic bond market, even with a cautious approach, to avoid a return to debt distress.\u00a0<\/p>\n

\u201cWe believe it is too early in the day to start accruing debt,\u201d he added. \u00a0<\/p>\n

He said the 2026 Budget, as outlined by the government, seeks to consolidate the macroeconomic stability achieved in 2025, strengthen fiscal discipline, and accelerate inclusive growth under three foundational pillars. \u00a0<\/p>\n

These are macroeconomic consolidation, expanded growth and job creation, and enhanced social and security investment. \u00a0<\/p>\n

He said these commitments, if effectively implemented, present opportunities for industry, as well as areas requiring vigilance and strong advocacy. \u00a0<\/p>\n

GNCCI will continue to champion a business-friendly environment, one that reduces the cost of doing business, boosts productive capacity, strengthens institutional frameworks, and unlocks new markets under AfCFTA and beyond.\u00a0<\/p>\n

\u201cWe remain committed to working collaboratively with all stakeholders to ensure that national policies translate into tangible outcomes for Ghanaian enterprises,\u201d he added. \u00a0<\/p>\n

An economist, Professor Patrick Opoku Asuming, projected a more business-friendly environment for Ghana in 2026. \u00a0<\/p>\n

He cited the government\u2019s planned VAT reforms, improved macroeconomic targets, and a stronger commitment to fiscal discipline. \u00a0<\/p>\n

He said the business community was likely to welcome the government\u2019s intention to keep expenditure under control while pursuing a primary balance to reduce the overall deficit. \u00a0<\/p>\n

According to him, the measures signal a deliberate effort to stabilise the economy after years of turbulence. \u00a0<\/p>\n

Prof. Asuming said the government appeared ready to ease restrictions and accelerate economic activities by reactivating key flagship programmes. \u00a0<\/p>\n

He explained that it marked a shift from the tight fiscal conditions experienced in the current year. \u00a0<\/p>\n

\u201cThere seems to be an attempt to move the handbrake a little to get the economy moving,\u201d he said, adding that businesses would be encouraged by the renewed focus on growth-oriented initiatives. \u00a0<\/p>\n

Mr Yaw Appiah Lartey, Partner for Strategy & Partnerships at Deloitte Ghana, described the 2026 Budget as a deliberate plan by the government to stimulate growth after stabilising the economy in 2025. \u00a0<\/p>\n

He explained that much of 2025 was spent addressing the spillover effects of overspending from the previous year and meeting critical IMF-guided macroeconomic targets. \u00a0<\/p>\n

He said the government\u2019s decision to significantly increase capital expenditure from a projected 36 percent in 2025 to nearly GH\u00a260 billion in 2026 shows a renewed focus on infrastructure and growth-oriented investments, including major allocations to the Big Push initiative and other strategic projects. \u00a0<\/p>\n

Mr Lartey cautioned that the ambitious infrastructure drive must not be fuelled by expensive borrowing, which had historically worsened Ghana\u2019s debt situation. \u00a0<\/p>\n<\/div>\n

\n
\n \n
\n \n \"Happy\"\n <\/a>\n
\n Happy <\/div>\n
\n 0<\/span>\n \n 0<\/span> %<\/span>\n <\/div>\n <\/div>\n\n
\n \n \"Sad\"\n <\/a>\n
\n Sad <\/div>\n
\n 0<\/span>\n 0<\/span> %<\/span>\n <\/div>\n <\/div>\n\n
\n \n \"Excited\"\n <\/a>\n
\n Excited <\/div>\n
\n 0<\/span>\n 0<\/span> %<\/span>\n <\/div>\n <\/div>\n\n
\n \n \"Sleepy\"\n <\/a>\n
\n Sleepy <\/div>\n
\n 0<\/span>\n \n 0<\/span> %<\/span>\n <\/div>\n <\/div>\n\n
\n \n \"Angry\"\n <\/a>\n
Angry<\/div>\n
\n 0<\/span>\n 0<\/span> %<\/span>\n \n <\/div>\n <\/div>\n\n
\n \n \"Surprise\"\n <\/a>\n
Surprise<\/div>\n
\n 0<\/span>\n 0<\/span> %<\/span>\n <\/div>\n <\/div>\n\n <\/div>\n <\/div>\n\n ","protected":false},"excerpt":{"rendered":"
\"GNCCI The Ghana National Chamber of Commerce and Industry (GNCCI) has called on the government to explore public\u2013private partnership (PPP) options instead of borrowing. \u00a0<\/div>\n","protected":false},"author":1,"featured_media":104620,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[8314,6045,1926,1883,117,10,9,386],"tags":[],"class_list":["post-104619","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-borrowing","category-gncci","category-government","category-national","category-news","category-politics","category-popular","category-ppp"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/104619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=104619"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/104619\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/media\/104620"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=104619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=104619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=104619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}