2027 Budget: Ghanaian youth need jobs, not ‘fantasy’ New Economy

The Member of Parliament for Gushegu, Alhassan Tampuli, has criticised the government's 2027 budget, describing its flagship New Economy programme as a fantasy and accusing the government of failing to address the employment needs of Ghanaian youth.

In a social media post on Friday, November 13, the New Patriotic Party (NPP) MP questioned the government's economic agenda following the presentation of the 2027 Budget Statement and Economic Policy by Finance Minister Dr Cassiel Ato Forson on Thursday, November 12.

The budget, themed 'The New Economy, New Ghana, Jobs and Prosperity', outlines a four-year economic transformation programme from 2027 to 2030, backed by a proposed US$10 billion investment.

The programme is built around eight pillars, including commercial agriculture, energy infrastructure, critical minerals value addition, tourism, textiles and garments, pharmaceuticals, and the technology economy.

Government says the programme will stimulate production, attract investment and create employment opportunities.

It has also set a target of reducing unemployment to below 8 per cent by 2030.

However, reacting to the budget, Mr Tampuli dismissed the government's proposed economic direction, insisting that young people need tangible employment opportunities rather than what he described as unrealistic promises.

"Uninspiring kwashiorkor budget! Ghanaian youth need jobs, not fantasy and empty ‘New Economy’ slogans mixed with cocaine!" he wrote.