2025 Budget Inspires Hope – says ISSER as it hails reset agenda but warns of implementation challenges

The Institute of Statistical, Social and Economic Research (ISSER) has endorsed Ghana’s 2025 Budget, calling it a hopeful economic "reset." However, ISSER warns that success hinges on fiscal discipline, realistic revenue targets, and effective implementation.

The budget aims to correct fiscal excesses, rebuild stability, and restore investor confidence. While Ghana’s economy grew by 5.7% in 2024, a slowdown to 4% is expected in 2025 due to reduced capital expenditure.

ISSER supports tax reforms, inflation control measures, and industrial development but questions the feasibility of ambitious revenue targets. Concerns include excessive domestic borrowing, inadequate social spending, and the sustainability of new policies.

ISSER urges strict policy monitoring and an Independent Fiscal Responsibility Council to ensure economic stability and prevent past mistakes.