Top Story: Minority Labels Mahama’s Economy a ‘Galamsey Economy’ Ahead of Mid-Year Budget

Top Story with Kenneth Gyasi on Joy 99.7 FM examines the growing political battle over Ghana's economic performance ahead of the 2026 Mid-Year Budget Review.

The Minority in Parliament has accused the Mahama administration of presiding over what it describes as a "galamsey economy," arguing that recent economic gains are being driven largely by high global gold prices rather than broad-based economic growth.

Ranking Member on Parliament's Economy and Development Committee, Kojo Oppong Nkrumah, says government must explain how it intends to sustain growth, foreign exchange earnings and revenue if gold prices decline. The Minority is also questioning government's ability to meet its ambitious revenue targets after first-quarter tax collections and oil revenues reportedly fell below projections.

Tonight, we bring you:

Why the Minority says Ghana is running a "galamsey economy" The key concerns ahead of the Mid-Year Budget Review The debate over economic growth and revenue performance Government's response to the allegations Expert analysis on the sustainability of Ghana's economic outlook

Join us as we unpack the economic arguments shaping the national conversation.

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