The Minister of Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, has reaffirmed the government’s commitment to improving Ghana’s business environment through the implementation of the Business Regulatory Reform Program (BRRP).
Speaking at the launch of the 2024 Ghana Business Ready Report by the World Bank on Wednesday, March 26, 2025, the minister emphasised the government’s determination to streamline business regulations and eliminate barriers hindering growth in the sector.
“The BRRP is designed to address systemic challenges, simplify existing regulations, and ensure the quality and coherence of new regulations,” she stated.
“This reflects the government’s unwavering commitment to removing long-standing obstacles that have prevented businesses in Ghana from realizing their full potential,” the minister added.
She further noted that the initiative aligns with the government’s economic transformation agenda, which aims to boost manufacturing, advance agribusiness, expand access to external markets, and enhance private sector expertise.
World Bank’s support for BRRP
The minister expressed gratitude to the World Bank for its continued support of the BRRP through the Ghana Economic Transformation Project.
She emphasised that the program is not just about improving rankings but about creating a sustainable, inclusive, and digitally driven business ecosystem.
“The BRRP offers a unique opportunity to address challenges in our business environment while building on our strengths. It is about creating an ecosystem where businesses can thrive, innovation is encouraged, and every business in Ghana has the opportunity to grow,” she added.
She also called for greater collaboration between the government, the private sector, and development partners to ensure the success of the business reform agenda.
“The journey ahead will not be easy, but it is a journey worth taking. Let us seize this moment to transform Ghana’s business environment and create a legacy of prosperity. Together, let us reset Ghana and make our business environment ready for a 24-hour economy,” she concluded.
SP/MA
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