Dr Adam flags conflicting figures in 2027 Budget

Dr Ato Forson and Dr Amin Adam

Dr Ato Forson and Dr Amin Adam

The NPP Minority has accused the 2027 Budget of presenting inconsistent figures on the country’s reserves, capital expenditure and allocations to the Big Push, raising questions about which estimates should guide public scrutiny.

Dr Mohammed Amin Adam, Member of Parliament for Karaga and Ranking Member on Parliament’s Finance Committee, said the Budget gives two different figures for gross international reserves at the end of September 2026: US$12.7 billion in paragraph 545 and US$12.1 billion in paragraph 787.

He also pointed to discrepancies in the allocation for the Big Push.

The programme is assigned GH¢27.8 billion in paragraph 824, GH¢28 billion in paragraph 1552 and GH¢29.8 billion in paragraph 1629.

Capital expenditure figures also vary across the document, Dr Amin Adam said. Paragraph 823 puts the amount at GH¢98.4 billion, paragraph 1611 states GH¢98.3 billion, while Appendix 3A gives GH¢100.4 billion.

The Minority said the differences make it difficult for Parliament and the public to assess the government’s spending plans and fiscal priorities.

It called on the Finance Minister to reconcile the figures and explain which amounts represent the Budget’s final estimates.

Dr Amin Adam further noted that the Budget says it has identified five principal risks but lists only four in paragraph 1025.

He said the list does not include the Bank of Ghana’s losses, Ghana Cocoa Board (COCOBOD’s) GH¢30.55 billion debt or energy-sector arrears.

The concerns form part of the NPP Minority’s broader critique of the 2027 Budget.

The group says inconsistencies in the figures weaken confidence in the projections and require clarification from the government.