President John Dramani Mahama announced on Thursday, 10 September, that Ghana’s state‑owned enterprises (SOEs) amassed aggregate assets of GH¢407.85 billion by the end of 2025. The figures were released during his address to the SIGA Governing Boards and CEOs Conference 2026.
Despite the sizeable asset base, the president warned that SOEs carried liabilities of approximately GH¢282 billion, a figure that raises concerns about the financial health of public entities. He added that majority venture companies within the sector held assets of GH¢96.69 billion against liabilities of GH¢82.7 billion.
Other state entities reported assets of about GH¢341.6 billion, yet their liabilities exceeded assets by more than GH¢41 billion, reaching roughly GH¢382.75 billion. Combined with an aggregate deficit of GH¢10.48 billion, the president said this imbalance demands urgent attention from enterprise boards, sector ministries, SIGA and the Ministry of Finance.
Mahama’s remarks underscore the need for tighter financial oversight and restructuring within Ghana’s public sector to curb mounting debts and ensure sustainable growth.
