The Ghana National Chamber of Commerce and Industry (GNCCI) has expressed concern over the absence of a clearly defined budget allocation for the government’s flagship 24-hour economy programme in the 2026 Mid-Year Budget Review.
Speaking on the budget, GNCCI President Stephane Miezan said the government’s Reset agenda was expected to deliver a major shift in economic policy and implementation rather than incremental improvements to existing programmes.
He noted that although the 24-hour economy initiative is intended to boost productivity and encourage businesses to operate beyond traditional working hours, the budget review did not identify any specific funding to support its implementation.
Mr. Miezan said the lack of a dedicated financial commitment raises questions about how the programme will be rolled out and sustained.
Meanwhile, economist and Professor of Finance, Professor Godfred Bokpin, welcomed the government’s decision to maintain its fiscal consolidation programme through the end of 2026.
According to him, keeping the fiscal framework unchanged provides certainty for businesses that have already planned their investments and budgets for the year.
However, Professor Bokpin stressed that fiscal discipline should not come at the expense of economic growth. He urged the government to increase investment in critical infrastructure, including roads, railways, aviation and water transport, to support long-term development.
He also called for rigorous value-for-money assessments on major public projects to ensure taxpayers’ funds are spent efficiently and deliver measurable economic benefits.
