Ghana: 2027 Budget - Turn Economic Gains Into Jobs · Experts, Businesses Demand Job-Centred Policies
Experts and businesses want the 2027 Budget to back private-sector growth and job creation, as economists warn gains have not reached ordinary people.
- The President will deliver the 2027 Budget Speech on Friday, as experts urge the government to prioritize job-centered policies and strategic infrastructure investments.
- While Ghana has achieved 5.2 per cent inflation, Professor Godfred Bokpin cautioned these indicators mean little to citizens struggling with unemployment, poor roads, and inadequate services.
- Director of the Institute for Fiscal Studies Dr Said Boakye urged a comprehensive review of tax exemptions, stating exemptions should not justify "continuous loss of government revenue through exemptions."
- Chamber of Mines Chief Executive Officer Kenneth Ashigbey called for incentives to reduce operating costs for local refineries, while Bokpin proposed a value-chain approach to industrialization.
- To fund active involvement in the extractive sector, Boakye suggested adopting production-sharing agreements, while Bokpin recommended scaling down traditional public investment programs temporarily.
23 Articles
23 Articles
Increased costs associated with tax payments and new cash-use provisions could be shifted to consumer prices of goods and services
Government announces energy investments, trade reforms and household relief as the island nation continues recovery from 2022 financial collapse
Ghana: 2027 Budget - Turn Economic Gains Into Jobs · Experts, Businesses Demand Job-Centred Policies
As the government prepares to present the 2027 Budget Statement and Economic Policy to Parliament tomorrow, businesses, workers, farmers and other sections of the public are looking to it for measures that will stimulate economic activity, create jobs and improve living conditions.
Sri Lanka Unveils 2027 Budget, Targets 7% Economic Growth With Major Investments in Energy and Infrastructure
Sri Lankan President Anura Kumara Dissanayake unveiled the country's 2027 national budget on Thursday, setting an ambitious target of 7% sustained economic growth while outlining major investments in renewable energy, infrastructure, trade and emerging technologies.
Coverage Details
Bias Distribution
- 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
