The Member of Parliament (MP) for Effia and a member of Parliament’s Finance Committee, Isaac Boamah Nyarko, has expressed strong scepticism about the likely impact of the 2027 Budget Statement and Economic Policy, arguing that the National Democratic Congress (NDC) government’s track record of unfulfilled commitments makes significant improvement unlikely.
Finance Minister, Dr. Cassiel Ato Forson is scheduled to present the budget to Parliament at 6:00 p.m. on Thursday, November 12, 2026, following special approval by Speaker Alban Bagbin.
The government is expected to announce a $10 billion commitment to its new economy programme as part of efforts to stimulate growth.
Speaking on the Morning Star on Wednesday, November 11, 2026, Nyarko said he takes the forthcoming budget “with a pinch of salt.”
He noted that key developmental indicators promised in the 2025 and 2026 budgets have remained largely flat rather than rising, making a sudden “quantum jump” in 2027 difficult to believe.
“You promised ministries, departments and agencies money to do their work. You promised Big Push about 30 billion, and then you release 6 billion. So if you come and tell me the new economy, you are going to give 100 billion to Big Push, why should I believe you?” he asked.
Nyarko also pointed to other unmet pledges, including the establishment of women’s banking and a programme to train one million coders.
“You promised women’s banking, you have done nothing about it. If you come and tell me again that you’ll give 100,000 women loans, how do I believe you? You said you’ll give 1 million coders, two years down the line, you have not even done 50,000. How do I believe you,?” he quized.
He likened economic management to running a household, stressing that consistent delivery is essential for public confidence.
While acknowledging that Ghanaians want improved outcomes, Nyarko maintained that the pattern of shortfalls makes it hard for him to expect a markedly different trajectory from the 2027 budget.
Source: Starrfm.com.gh
