We realised something drastic had to be done to avoid repeating past mistakes - Theo Acheampong
He cited the introduction of the commitment authorisation regime as one of the ways to bring a lot of sanity into the system.
Technical advisor Dr. Theo Acheampong emphasized that the Mahama administration made the decision to take drastic measures to prevent repeating the hardships imposed by the previous administration. One such measure was the introduction of the commitment authorization regime, which aimed to bring order to the system. Acheampong stated, "We realized that something drastic had to be done in order not to repeat the mistake of the past."
During the budget presentation, Finance Minister Dr. Cassiel Ato Forson announced that the government would measure economic growth by the number of jobs created and the income generated. Forson assured the public that the government would maintain fiscal discipline to protect stability and ensure the benefits reached the people of Ghana.
He highlighted that Ghana had overcome its worst economic crisis and that stability had returned, allowing Ghanaians to breathe again. In the 2027 budget statement, Forson emphasized that the New Economy would focus on providing jobs for the youth and transforming the economy over the next four years. Government Communications Minister Felix Kwakye Ofosu echoed these sentiments, stating that the New Economy would serve a useful purpose and create employment opportunities for the youth.
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