The Minority in Parliament is urging Ghanaians to temper their expectations for the coming year, warning that the 2026 Budget Statement and Economic Policy offers little hope of meaningful economic transformation.
Their concerns follow the presentation of the budget in Parliament, which they argue highlights the government’s continued inability to fulfil major campaign promises and exposes what they describe as persistent gaps in economic management.
Addressing journalists on Friday, November 14, former Finance Minister and MP for Karaga, Dr Mohammed Amin Adam, speaking on behalf of the Minority Caucus, said the structure of the 2026 Budget shows no significant shift towards growth-oriented investments.
According to the caucus, the government appears locked into rigid expenditure patterns that leave little room for development-focused spending.
Dr Amin Adam argued that this situation limits the administration’s capacity to implement policies capable of stimulating economic recovery or addressing unemployment.
“They are proposing 5.7% of GDP for wages, 3.6% of GDP for interest payment, about 4% of GDP for transfers. These rigid items consume more than two-third of total spending leaving very limited room for transformative investments. In reality, this 2026 Budget is not investment driven and lacks serious challenges.
“It also shows that there is no structural shift as the composition of the budget remains the same. We urge Ghanaians to seriously manage their expectations as we are in for another year of inactivity and disappointment,” he stated.
