Minority accuses government of abandoning failed policies ahead of 2027 Budget

The minority in Ghana's Parliament has criticized the ruling National Democratic Congress (NDC) for abandoning some of its original policies due to poor implementation and preparing to introduce new initiatives under the proposed New Economy programme. Led by Dr Mohammed Amin Adam and Kojo Oppong Nkrumah, the Caucus argues that despite the government raising over GH¢650 billion in revenue, it has failed to fulfill crucial campaign promises and major policy commitments.

Speaking to journalists ahead of the 2027 Budget presentation, the Minority questioned the government's ability to deliver results on initiatives like the 24-Hour Economy programme and the Women’s Development Bank. They also raised concerns over the introduction of new economic proposals at a time when resources appear to have been made available to the administration.

Dr Amin Adam further criticized the government's liquidity management efforts, suggesting that they are merely inflating economic indicators without improving ordinary Ghanaians' living conditions. He emphasized that economic policies should be judged by their impact on household finances rather than superficial figures.

Oppong Nkrumah criticized the government's approach to stabilizing the cedi, arguing that despite injecting foreign exchange into the market, the measures have not alleviated the challenges faced by businesses and households. The Minority's criticisms come as the NDC prepares to present its 2027 Economic Policy and Budget Statement, expected to outline its priorities and proposed economic interventions for the upcoming year.