Mid-Year Budget: Prioritise employment-led growth – ISSER to government
Presenting ISSER's review of the 2026 Mid-Year Budget in Accra, the Director of the Institute, Professor Robert Darko Osei, said while Ghana has recorded encouraging gains in economic growth, fiscal consolidation and price stability, these achievements would mean little if they fail to improve the lives of ordinary Ghanaians.
The Institute of Statistical, Social and Economic Research (ISSER) has advised the government to prioritize job creation over macroeconomic indicators in Ghana's upcoming budget for 2026. In a presentation of ISSER's review of the budget at Accra, Professor Robert Darko Osei, the Institute's Director, stressed that economic growth, fiscal consolidation and price stability should ultimately benefit ordinary Ghanaians by generating employment opportunities and improving living standards.
He argued that Ghana's services sector, the nation's largest contributor to economic growth, must be expanded to generate more jobs, particularly for the young population. ISSER cautioned that while fiscal discipline is important, it could potentially stifle investments in crucial infrastructure if maintained excessively. The Institute also warned against Ghana's growing reliance on gold exports, which could be adversely affected by a sudden drop in global gold prices.
ISSER urged policymakers to devise growth strategies that foster sustainable employment, diversify the economy and ensure that the benefits of economic stability are widely distributed.
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