Ghana faces fiscal tightrope amidst less ambitious 2025 growth targets – ISSER warns

Ghana is currently navigating a precarious fiscal landscape, as highlighted by the Institute for Statistical, Social and Economic Research (ISSER). The think tank has raised concerns over the government's growth projections for 2025, deeming them overly cautious amid persistent economic challenges. ISSER's analysis indicates that while the country aims for a moderate growth target, deeper issues such as inflation and high public debt could hinder progress.

The report emphasizes that Ghana's economic recovery remains fragile, with rising costs of living and dwindling investor confidence exacerbating the situation. Experts fear that without bold policy reforms and strategic investments, achieving even these modest targets may prove difficult. The findings underline an urgent need for comprehensive fiscal measures to stabilize the economy. As Ghana grapples with these challenges, stakeholders are urged to collaborate effectively to foster a more resilient economic framework. With pressing social needs and limited resources, balancing fiscal responsibility with growth ambitions will be crucial in steering the nation towards sustainable development in the coming years.