Over 70% of Ghanaians expect jobs and youth employment as top priorities in 2027 Budget-KPMG/UNDP survey
54 percent of the respondents identify the cost of living as a key national priority apart from the growing unemployment situation in the country.
A recent survey conducted by KPMG and UNDP has found that over 70% of Ghanaians believe jobs and youth employment should be top priorities in the upcoming 2027 Budget. The cost of living is also a significant concern for 54% of respondents, who are facing an increasing unemployment situation in the country.
When it comes to the tax regime, 90% of those surveyed want to have knowledge of any tax changes well in advance, with a minimum of four months' notice to help plan their organizations accordingly. Despite overall optimism among businesses, there are still challenges that need to be addressed, such as the lack of suitable finance, reliable utilities, and market demand.
The survey highlights four key priority areas for policy consideration: enabling enterprise growth through affordable finance and predictable taxation, transforming the 24H+ programme and New Economy agenda into productive investment, improving public investment value and strengthening financial discipline, and safeguarding natural resources while accelerating green investment.
The report offers evidence-based recommendations to support discussions on the 2027 Budget, with a focus on investment feasibility, effective implementation, and measurable outcomes for businesses and communities. Key tax-related concerns include complex filing processes, multiple payments to authorities, short-notice changes, and a need for greater education and awareness, formalisation incentives, and alignment of licensing with tax registration.
Written by urgent.news from Joy Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
