Spend more in 2027 to boost growth – PwC to govt
The government must use the 2027 Budget to increase efficient spending and prioritise resources towards productive sectors to stimulate economic growth without undermining the gains made in stabilising the economy, the Country Senior Partner of PwC Ghana, George Arhin, has said.
PwC Ghana’s Country Senior Partner, George Arhin, has advised the government to prioritize efficient spending in the 2027 budget and focus on productive sectors to boost economic growth. After successfully stabilising the economy with the 2026 budget, the new budget's objective should be directing public funds towards sectors capable of generating jobs, enhancing productivity, and attracting private sector investment, explained Arhin.
In the upcoming budget presentation to Parliament, the government must allocate more resources to agriculture, agro-processing, manufacturing, textiles, and tourism, as these sectors were prioritized in the $10 billion New Economy Programme for sustainable growth and economic transformation. Arhin stated that translating the achieved stability into private sector-led growth is crucial, as private sector activities drive the economy and generate employment.
He emphasized that efficient allocation of public funds would be critical in sustaining economic stability while accelerating growth and transforming the economy.
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