Dr. Mohammed Amin Adam, a Ranking Member of the Finance Committee of Parliament, has expressed disappointment with the government's New Economy Programme, which promises to create jobs by 2030. He stated that Ghanaians are in need of jobs now, not in the future. The programme was unveiled as part of the 2027 Budget Statement and Economic Policy presented to Parliament by the Minister of Finance, Dr. Cassiel Ato Forson, on November 12, 2026.

According to Dr. Amin Adam, the New Economy Programme is a four-year plan covering 2027 to 2030, with an investment of about $10 billion to boost production, value addition, industrial growth, and job creation. The programme has eight pillars, including macroeconomic stability, commercial agriculture, energy infrastructure, and the technology economy. However, Dr. Amin Adam argued that the programme will not deliver its expected jobs in 2027, pushing the main unemployment target to 2030.

President John Dramani Mahama's target is to reduce unemployment to below eight per cent by 2030. Dr. Amin Adam, who is also the Member of Parliament for Karaga, said that the 2027 Budget and the New Economy Programme would not provide immediate relief to many Ghanaians, particularly young people, who are currently unemployed and looking for work. He emphasized that Ghanaians expected the 2027 Budget to contain clear and measurable measures to create jobs in 2027.

Dr. Amin Adam criticized the government's job creation plan, stating that it does not respond to the urgent demand for jobs. He said that the Minority in Parliament will closely scrutinize the Budget to assess whether government's targets are achievable and whether the measures announced will translate into real jobs and improved incomes for Ghanaians.

The government's New Economy Programme aims to boost production, value addition, industrial growth, and job creation through investments in various sectors. However, Dr. Amin Adam's comments suggest that the programme's timeline may not align with the needs of Ghanaians who are currently unemployed. The programme's eight pillars are expected to drive growth and job creation, but its effectiveness in addressing the current unemployment situation remains to be seen.

Dr. Amin Adam's criticism of the government's job creation plan highlights the challenges faced by Ghanaians in finding employment. The country's unemployment situation is a pressing concern, and the government's response to it will be closely watched by citizens and stakeholders. The Minority in Parliament's scrutiny of the Budget is expected to ensure that government's targets are achievable and that the measures announced will have a positive impact on the lives of Ghanaians.

The 2027 Budget Statement and Economic Policy presented to Parliament by the Minister of Finance, Dr. Cassiel Ato Forson, outlined the government's plans for economic growth and job creation. However, Dr. Amin Adam's comments suggest that more needs to be done to address the current unemployment situation. The government's commitment to reducing unemployment to below eight per cent by 2030 will require effective implementation of the New Economy Programme and other initiatives.

Key points

  • Dr. Mohammed Amin Adam criticizes government's job creation plan, saying it does not respond to the urgent demand for jobs.

Reporting sources

Share this story

Written by

SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.