The hard-working New Patriotic Party Member of Parliament (MP) for Ahafo Ano South West Constituency in the Ashanti Region,Mr. Elvis Osei Mensah Dapaah has dismantled the Mahama- led government self-congratulatory macro stabilization or statistics.

A section of Minority Caucus in Parliament

Mr.Dapaah,who’s popularly known in political circles as “Okumkom,” said “let me be unequivocal on the floor of public discourse: macroeconomic stability is not a flexible variable to be compromised for political expediency. Diluting our primary fiscal anchors so soon threatens to trigger fiscal slippages, undermine debt sustainability metrics, and erode hard-won creditor confidence. ”

He, therefore,called on Ghanaians to move past the rhetorical gloss and subject the 2027 fiscal framework to rigorous economic scrutiny.
The Ahafo Ano South West MP stated these on his Facebook page on Thursday, 12th November, 2026.

The full statement by Mr. Elvis Osei Mensah Dapaah is reproduced below:

“​Today, the Minister for Finance stood before the august House of Parliament to present the 2027 Budget, weaving a narrative of macro-level stabilization. Yet, when we strip away the self-congratulatory statistics, the structural contradictions embedded in this fiscal statement are alarming.

Mr.Elvis Osei Mensah Dapaah

​After compelling Ghanaian households, workers, and pensioners to endure painful domestic debt restructuring (DDEP) haircuts and fiscal austerity, this administration is already signaling a relaxation of the primary surplus target by 1 percentage point of GDP just to finance a sprawling $10 billion “New Economy” expenditure envelope.
​Let me be unequivocal on the floor of public discourse: macroeconomic stability is not a flexible variable to be compromised for political expediency. Diluting our primary fiscal anchors so soon threatens to trigger fiscal slippages, undermine debt sustainability metrics, and erode hard-won creditor confidence.

​We demand accountability, not distant 2030 prognostications.
​Four critical questions the Minister must answer before this House:
​1️⃣ The Dilution of Fiscal Anchors: What empirical justification underpins the decision to relax our primary surplus targets after citizens sacrificed so much for stabilization? Are we courting another deficit trap?

2️⃣ The Paper Economy vs. Pocket Economy: Headline inflation and GDP growth on paper remain divorced from the harsh microeconomic reality at the marketplace. Why is the ordinary Ghanaian yet to feel real purchasing power relief?

3️⃣ The 2030 Import Substitution Fallacy: Promising absolute prohibitions on commercial rice and raw mineral exports by 2030 while core agro-infrastructure like the Pwalugu multipurpose project lags risks inducing severe supply-side shocks and artificially spiking food prices.

4️⃣ Expenditure Efficiency & Value-for-Money: What watertight commitment controls and audit mechanisms guarantee that these capital-intensive state megaprojects won’t trigger fresh expenditure overruns or bloat our public debt stock?

​Ghana’s economic destiny demands prudent fiscal stewardship, not policy experiments that mortgage our collective future.
​What has your lived experience been on the ground? Are you feeling this “new economy” in your pocket, or is it just another slogan? Let us deliberate in the comments. ” ​#GhanaEconomy #2027Budget #FiscalDiscipline

Source:Isaac Amoah