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Mahama Urges Healthcare Investment, Not Budget Cost

53 min ago
Mahama Urges Healthcare Investment, Not Budget Cost
Photo: MyJoyOnline

President John Dramani Mahama calls for healthcare to be treated as an investment at Alamein Africa Forum.

President John Dramani Mahama urged African governments and investors to view health financing as an economic opportunity, not a mere budget line item.

Speaking at the Health Plenary of the Alamein Africa Forum in Egypt on 3 October, he said treating health as a cost has held back the continent’s growth.

He argued that health spending can drive transformation, create jobs, and boost macroeconomic stability.

Mahama highlighted evidence that basic maternal and newborn care yields strong returns for every dollar spent.

The Lancet Commission research he cited showed that falling mortality contributed to almost a quarter of income growth in developing economies in the early 2000s.

A stronger health sector, he said, would improve citizen wellbeing and reinforce national economies.

“Investing in health strengthens our balance sheets rather than depleting resources,” he told delegates.

He called on governments, private capital, banks, developers and sovereign funds to back health as a cornerstone of Africa’s future.

Mahama also used the forum to outline Ghana’s plan to expand healthcare and produce medicines locally.

He stressed that moving from drug packaging to manufacturing ingredients can generate jobs and enhance health security across the continent.

The call aligns with recent remarks from Dr. Kwame Dzimega, who said the fight against disease will succeed as Mahama steps up action.

Photos from the President’s visit to Mercy Ships Hospital in Accra showed his support for international medical missions.

Local pharmaceutical firms have welcomed the push for investment in drug ingredient production.

Industry leaders say the HINGE digital platform announced by Mahama could streamline health regulation and attract more capital.

The President’s message comes as Ghana seeks to reduce reliance on imported medicines and build a domestic pharmaceutical base.

Stakeholders note that removing barriers to local drug manufacturing will be key to turning the vision into reality.

Mahama’s push reflects a broader shift toward treating health as a driver of economic progress, not a drain on public funds.

No specific public event was announced in the source material.

Source: MyJoyOnline
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