President John Mahama has raised fresh concerns about the financial position of Ghana’s state-owned enterprises, revealing that the companies had accumulated liabilities of about GH¢282 billion by the end of 2025.
The figure was disclosed alongside aggregate assets of approximately GH¢407.85 billion, highlighting the huge scale of the financial responsibilities sitting on the books of government-owned companies.
President Mahama has been pushing for a stronger performance culture within state-owned enterprises, arguing that simply keeping such institutions alive should not be considered a success.
The government is also working towards a new national salary framework under which the compensation of SOE executives will be linked more closely to performance.
The development has renewed discussions about the need for better management, accountability and financial discipline within state-owned companies, particularly those that continue to depend heavily on public resources.
Government is expected to place greater emphasis on making SOEs financially sustainable and ensuring that their operations provide stronger value to the Ghanaian taxpayer.
Source: GhanaNsem
