Government's 2025 austerity measures have damaged its credibility -CPS - The Ghanaian Chronicle

Contributing sentiments towards policy:

55% : " Concerns over GRA resourcing One of the strongest concerns raised in the report relates to the Ghana Revenue Authority (GRA), which is expected to implement new digital tax measures, AI-based customs enforcement systems, and VAT reforms.
54% : The CPS argued that while fiscal discipline was necessary to stabilise the economy after years of volatility, the intensity of the contraction raised questions about planning and the overall predictability of public expenditure.
52% : Presenting a detailed assessment of the 2026 Budget, Dr. Sarkodie said the government's strategy of tightening expenditure in 2025, especially the deep cuts to capital investment and goods and services had "disrupted the operations of Ministries, Departments and Agencies (MDAs)" and sent "a negative signal to the private sector and investors about the credibility of government expenditure plans.
43% : The Executive Director of the Centre for Policy Scrutiny (CPS), Dr. Adu Owusu Sarkodie, has warned that the government's heavy reliance on expenditure cuts in 2025 to achieve fiscal consolidation severely affected the credibility of its spending plans and disrupted the work of critical state institutions.
38% : " According to Dr. Adu Owusu Sarkodie, this heightens the risk that the revenue targets might again fall short, which would derail the government's entire 2026 spending plan.

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