Oppong Nkrumah demands accountability for GH¢650bn allocated to government economic programmes
Ranking Member on Parliament’s Economy and Development Committee, Kojo Oppong Nkrumah, has urged the government to account for funds allocated to its existing economic programmes before introducing a proposed “new economy” in the 2027 Budget. According to him, Parliament allocated about GH¢650 billion to support the government’s various economic programmes, including the 24-hour economy, the […]
Ranking Member Kojo Oppong Nkrumah has called for accountability regarding the funds allocated to various government economic programmes before introducing a new economic agenda in the 2027 Budget. He mentioned that approximately GH¢650 billion was allocated to support initiatives like the 24-hour economy, the One Million Coders programme, the Women's Development Bank, and others.
Nkrumah stressed that the government should first show the results achieved from these programmes before shifting its focus to new economic goals. "We have appropriated GH¢650 billion for them to achieve these economic objectives. Two years on, they haven't accounted for the results of all of this," he said, urging the government to demonstrate accountability for the funds provided.
He questioned the implementation of the 24-hour economy promise of creating one job through three shifts involving three people, stating that there is no evidence of such progress. Additionally, Nkrumah raised concerns about the One Million Coders programme, the Women's Development Bank, and other initiatives, highlighting the lack of sufficient evidence to prove the results achieved.
He cautioned against announcing a new economic programme without addressing existing commitments, claiming it would distract from the programmes promised to Ghanaians.
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