Mahama halts $15m annual rent on diplomatic properties
By Praisebell Rosemond Larbi
President John Dramani Mahama has announced the government’s decision to halt the longstanding practice of spending over USD15 million annually on renting properties abroad for Ghana’s diplomatic missions, describing it as “wasteful and unsustainable.”
The President made the disclosure on Thursday, 4 September 2025, after swearing in newly appointed ambassadors and envoys at Jubilee House.
He explained that the measure forms part of the government’s broader Reset Agenda, which seeks to prioritise efficiency and discipline in public expenditure.
“Ghana cannot continue spending more than USD15 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,” President Mahama stressed.
To address the issue, the government has approved a new framework known as the Strategic Transition from Rental to Developing (STRIDE) policy.
The initiative, he said, would provide a permanent solution to the financial drain associated with renting by ensuring missions abroad are accommodated in state-owned facilities.
He revealed that Cabinet has already given its approval, and concrete steps are underway to operationalise the policy.
“From my latest briefing, a transaction advisor has been appointed, standard developments are being prepared, and funding mechanisms are already being negotiated,” the President confirmed.
According to him, STRIDE will not only reduce recurrent expenditure but also enhance Ghana’s image internationally.
“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,” President Mahama added.
