Professional services firm, KPMG, is urging the government to use the 2026 Budget to consolidate most of the economic gains recorded.
According to Partner and Head of Advisory, Kwame Sarpong Barnieh, the country must move from stability to transformation with the support of initiatives like the “Big Push” agenda.
Reacting to the pre-budget survey conducted by the firm and United Nations Development Programme, UNDP, Kwame Barnieh, believes that businesses want more from the economy in 2025.
“Generally, businesses are optimistic about the economy and willing to support the growth initiative but a majority of them also think that the stability must be maintained. There is a need for transformation because inflation is down, but the cost of credit is still high, and access to capital is still a challenge in the economy.”
“Government needs to invest in critical sectors of the economy, especially infrastructure, although it will be an expensive venture, but there is a long-term gain for the economy”, he explained.
“Domestic funding and micro small business support are also needed to keep the local economy going,” he added.
The objective of the survey by KPMG and the United Nations Development Programme, UNDP is to provide evidence-based insights to inform Government’s policy direction for the 2026 National Budget and subsequent budget cycles.