Amin Adam questions Gov't 2027 growth projection, says it doesn't believe in its own policies

Dr Mohammed Amin Adam, ranking member on Parliament’s Finance Committee, has raised concerns over the government’s projected 5.2% economic growth for 2027. He contends that the New Economy Programme, which the government is promoting, would contribute only 0.3 percentage points to this growth target. The government’s 2027 Fiscal Policy Strategy, released in May 2026, had set a baseline growth projection of 4.9%, implying that the ambitious New Economy Programme would add a mere 0.3 percentage points to the projected growth rate.

Amin Adam expressed skepticism about this projection, stating, “Can we understand this government? It doesn’t even believe in its own policies. When you’ve not implemented policies, you grew at 6%. And when you are going to implement your ambitious programme, you are projected to grow at 5.2%. ” He added, “In fact, in the government’s own fiscal policy strategy, which they published in May 2026… it gave 4.9% as the baseline growth.

What it means is that it is expecting its ambitious new economy policy to contribute only 0.3 percentage points to the growth for 2027.” At a press conference for the 2027 Budget presented by the Minority, Dr Amin Adam described the projection as unrealistic and questioned the government’s confidence in its flagship economic programme.

He argued that the projected growth rate would not create sufficient jobs for the young people seeking employment and that the budget offered little hope to Ghanaians. Amin Adam concluded, “It does not offer hope, as this paltry growth cannot provide the jobs the young people are looking for. This is not realistic. And so the minister does not believe in the budget.”