Hon. Tweneboa Kodua Fokuo, Member of Parliament for Manso Nkwanta
Hon. Tweneboa Kodua Fokuo, Member of Parliament for Manso Nkwanta, has accused the Finance Minister of prioritising short-term gains over sustainable national development in the implementation of the 2025 fiscal measures and the proposals for 2026.
Speaking on the floor of Parliament on Wednesday, November 19, 2025, during the debate on the 2026 Budget, the MP said the Minister’s approach reflects a fixation on quick wins rather than long-term economic transformation.
According to him, “the Finance Minister is pushing for a short-term approach and trying to achieve some figures in the short term, forgetting about sustainable growth.”
Hon. Kodua Fokuo stressed that the country requires a more durable strategy to anchor economic stability and development.
“Mr Speaker, what this country needs is sustainable growth, not short-term achievements for praise,” he said.
He argued that the government’s current expenditure pattern reveals a deliberate attempt to ration spending simply to shore up short-term indicators.
“Mr Speaker, based on this, we have seen the Finance Minister rationing expenditure just for short-term achievements,” he added.
The lawmaker pointed out that major expenditure lines have fallen significantly below budgeted expectations.
“Mr Speaker, we can see that major expenditure lines are all lagging behind the budgeted figures,” he noted.
He particularly highlighted the underperformance of the CAPEX components of the budget, which he described as crucial to stimulating economic growth.
“our capex expenditure line and capital expenditure is what turns the economy around. we budgeted for 1.5% of gdp in the 2025 financial year, but the finance minister spent only 0.55% of gdp. why is that so? Because the minister is just looking for short-term achievements,” he argued.
Touching on the government’s much-publicised Big Push initiative, Hon. Kodua Fokuo said the execution has been far below the allocated amount.
“the big push that was touted so much was allocated gh¢13 billion, but less than gh¢8 billion has been spent because the minister wants short-term achievements,” he stated.
The MP urged the government to redirect its focus toward long-term development strategies aimed at driving sustainable economic growth.
Source: Ghana/otecfghana.com
