Mahama’s stance reflects a policy shift from continuous government intervention to a strategy aimed at making SOEs self-sustaining, competitive, and profitable. This move is expected to encourage accountability among public sector leaders and push enterprises to operate with a results-driven mindset. By eliminating financial waste and streamlining operations, the government hopes to reduce its reliance on subsidies while improving overall service delivery. The President’s directive has sparked discussions among policymakers, economists, and business leaders on the best approach to implement these reforms without causing job losses or negatively impacting essential public services. While some believe that privatization and mergers could revitalize underperforming SOEs, others argue that proper management and structural adjustments could help turn them around without drastic measures.

As Mahama’s administration embarks on this restructuring agenda, stakeholders will be keen to see how the reforms unfold and which SOEs will be affected first. The government’s decision to hold state enterprises accountable for their financial performance marks a significant change in how public institutions are managed. If successfully executed, this approach could transform Ghana’s economic landscape by creating a more efficient and self-reliant public sector. However, the success of these reforms will depend on how well they are implemented, ensuring that they do not lead to increased unemployment or the neglect of vital national assets. Moving forward, the government will likely outline a detailed roadmap for identifying underperforming SOEs, assessing their viability, and determining the best course of action for each entity.