Audio By Carbonatix
Professional services firm, KPMG, is urging the government to use the 2026 Budget to consolidate most of the economic gains recorded.
According to Partner and Head of Advisory, Kwame Sarpong Barnieh, the country must move from stability to transformation with the support of initiatives like the "Big Push" agenda.
Reacting to the pre-budget survey conducted by the firm and United Nations Development Programme, UNDP, Kwame Barnieh, believes that businesses want more from the economy in 2025.
“Generally, businesses are optimistic about the economy and willing to support the growth initiative but a majority of them also think that the stability must be maintained. There is a need for transformation because inflation is down, but the cost of credit is still high, and access to capital is still a challenge in the economy."
"Government needs to invest in critical sectors of the economy, especially infrastructure, although it will be an expensive venture, but there is a long-term gain for the economy", he explained.
"Domestic funding and micro small business support are also needed to keep the local economy going,” he added.
The objective of the survey by KPMG and the United Nations Development Programme, UNDP is to provide evidence-based insights to inform Government’s policy direction for the 2026 National Budget and subsequent budget cycles.
Latest Stories
-
Mining firms’ contribution in royalties and others to Ghana’s economy outstanding; their investments must be protected
36 minutes -
Space42 brings secure satellite connectivity to South African critical sectors
38 minutes -
Scholarships for sale? – Presidency triggers NIB probe after explosive radio allegation
41 minutes -
Plan to rename Kotoka International Airport an indictment on NDC – Afenyo-Markin
49 minutes -
Mahama directs probe into overseas scholarship bribery allegations
51 minutes -
Presidency treats radio scholarship bribery claim as ‘grave public concern’
52 minutes -
Post-primary tensions unfortunate – Political scientist urges Bawumia to unite NPP
1 hour -
Mahama Ayariga defends government’s record, says Ghanaians will judge by results
2 hours -
US says it shot down Iranian drone flying towards aircraft carrier
2 hours -
Agric Minister moves to transform Ashaiman livestock market as major meat project takes off
2 hours -
Ghana’s 24 Hour Economy policy hinges on fixing system readiness – World Bank
2 hours -
Kpandai MP Nyindam returns to Parliament after Supreme Court clears his seat
3 hours -
Mahama Ayariga highlights energy reforms and renegotiation of power purchase agreements
3 hours -
GhIE President to unveil engineering solutions to Ghana’s road challenges
3 hours -
Côte d’Ivoire can reach World Cup 2026 final – Marcel Desailly
3 hours
