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Home Governance

Mahama halts ‘wasteful’ $15M diplomatic property rental

September 4, 2025
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President John Dramani Mahama has disclosed that Ghana will no longer continue spending over $15 million annually on renting properties abroad for its diplomatic missions.

The president described the practice as wasteful and unsustainable.

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He made the remarks after seeing in appointed Ambassadors and envoys on Thursday, September 4, 2025, at the Jubilee House.

He announced that his administration has approved a new framework known as the Strategic Transition from Rental to Developing (STRIDE) policy to address the challenge as part of the Reset Agenda.

He further disclosed that the Cabinet has already approved the STRIDE policy, with the Ministers for Foreign Affairs and Finance tasked to urgently resolve the matter.

President Mahama added that the new policy would ensure Ghana’s foreign missions are accommodated in state-owned properties.

He was optimistic the new approach will help reduce unnecessary expenditure while enhancing the country’s image abroad.

“Ghana cannot continue spending more than $15 million every year on renting properties abroad for our diplomatic use. This is not a judicious use of taxpayers’ resources, and the Reset Agenda is an immediate reversal of this trend,” he stated.

He continued “From my latest briefing, a transaction advisor has been appointed, standard developments are being prepared, and funding mechanisms are already being negotiated”.

“This shift will ensure that our missions abroad are housed in proper homes owned by the republic, reducing wasteful expenditure while safeguarding Ghana’s dignity on the international stage,” the President added.

By: Rainbowradioonline.com/Ghana

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