Accra: The New Patriotic Party (NPP) Minority Caucus in Parliament has criticized the Government's 2026 Budget Statement and Economic Policy, arguing that it fails to deliver on promises of jobs, productivity, and transformation. The Caucus labeled the budget a 'Galamsey Budget,' describing it as 'growthless, jobless, and minimalist.' They accused the government of offering only 'cosmetic rhetoric' while 'crawling' through economic challenges.
According to Ghana News Agency, during a press conference at Parliament House, Dr. Mohammed Amin Adam, Member of Parliament for Karaga and Ranking Member of Parliament's Finance Committee, expressed concerns over the budget's lack of adequate investment in productive sectors. He pointed out that the budget relied on overly optimistic revenue projections and downplayed key fiscal risks. The Caucus emphasized that the flagship programs were presented without transparency or clear costing.
Dr. Adam remarked, "The Government chose to present even more half-baked policy ideas packaged as transformative initiatives. As a result, we look set to endure another year of fiscal indiscipline, masked as prudence, despite the economic evidence demanding a change in approach."
The Caucus observed that the government's economic decline had been disguised as development. They concluded that the 2026 budget does not offer the hope of economic transformation, jobs, and prosperity for Ghanaians.