Financial Analyst Toma Amihere has urged the government to treat its recent economic stabilisation achievements as a foundation that must be strengthened and protected in 2026, warning that the economy remains too fragile to rush into an aggressive growth agenda.
His comments come after Finance Minister Dr. Cassiel Ato Forson presented the 2026 Budget to Parliament under the theme “Resetting for Growth, Jobs, and Economic Transformation,” outlining the government’s agenda to consolidate recent gains and transition toward job creation and productivity.
Speaking in reaction to the 2026 Budget Statement presented to Parliament on Citi FM’s The Big Issue on Saturday, November 15, Amihere said stability should remain the government’s foremost priority next year.
“I think that for 2026, the government should focus on stabilising the stability, so to say — making the stability a fervency — then for the next two years, using it as a foundation for growth,” he stated.
Amihere noted that the government’s economic strategy, much like the 2025 budget, appears to prioritise stabilisation over expansion, a direction he described as appropriate and timely.
“Just like the 2025 budget, I believe this government is focusing first on stability before growth. I am seeing it as positive because I believe that is what the government should do,” he said.
He pointed out that the country’s return to macroeconomic stability in 2025 has been far more substantial than many analysts, including himself, had predicted. According to him, the unexpected decline in inflation to single digits is a significant milestone.
“If you had asked me even in March that inflation could go to a single digit this year, I would have said it is a lie. All the analysis from different indications for 2025 — I said the 11.9 percent target cannot be met — but it has been exceeded,” he admitted.
Despite these improvements, Amihere maintained that Ghana’s economic environment remains vulnerable and must be handled with caution.
“I see it as a good thing, but I still think it is rather fragile, and I am sure most people will agree with me that the economy is too fragile,” he cautioned.
