• About
  • Advertisements
  • Terms of Use
  • Contact
Monday, May 25, 2026
The Sikaman Times
Advertisement
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
No Result
View All Result

BudgIT Ghana: Financing, delivery risks threaten ‘Big Push’, 24-Hour Economy

by Yaa Amoakowaa Obeng
May 24, 2026
BudgIT Ghana: Financing, delivery risks threaten ‘Big Push’, 24-Hour Economy
SharePostSendShareSend

BudgIT Ghana has cautioned that Ghana’s flagship development programmes under the 2026 Budget, particularly the Big Push infrastructure agenda and the 24-Hour Economy initiative, face significant execution, financing and accountability challenges that could undermine their intended impact.

The concerns were outlined in a presentation by Senior Research Officer Hamid Abdel-Mumuni ahead of the organisation’s Simplified 2026 Budget launch and stakeholder engagement scheduled for May 20, 2026, in Accra.

While the government has allocated GH¢30 billion to the Big Push infrastructure programme in 2026, BudgIT Ghana notes that the broader US$10 billion initiative remains largely unfunded, raising questions about the remaining financing structure.

“Only GH¢30bn of the US$10bn Big Push is appropriated in 2026,” the presentation highlights, warning that unclear funding sources for the balance could increase reliance on borrowing or public-private partnerships with long-term fiscal implications.

The Big Push is expected to deliver major infrastructure projects including the Accra–Kumasi Expressway, 50 bridges nationwide, 1,000km of agricultural enclave roads, and transport hubs aimed at boosting trade and reducing regional inequality.

However, BudgIT Ghana warns that Ghana’s historical capital expenditure execution rate — often between 50% and 60% — poses a serious risk to project delivery timelines and the government’s job creation targets.

Similarly, the 24-Hour Economy initiative, designed to expand industrial production through shift-based operations, has been flagged for lacking a dedicated budget line.

“There is no standalone budget for the 24-Hour Economy,” the presentation notes, making it difficult for citizens and oversight institutions to track spending, outputs and employment outcomes.

BudgIT Ghana further cautions that the success of the initiative is heavily dependent on stable electricity supply, noting that persistent energy sector challenges could undermine round-the-clock industrial operations.

The organisation also points to revenue uncertainties, including past oil revenue shortfalls and potential tax collection challenges, which may affect the government’s ability to sustain spending commitments under both programmes.

Despite these concerns, the analysis acknowledges that the initiatives present significant opportunities for structural transformation, including job creation, improved logistics infrastructure, and export diversification.

BudgIT Ghana is therefore calling for stronger transparency measures, including itemised budgeting for all flagship programmes, quarterly publication of capital expenditure performance, and full disclosure of financing arrangements for large-scale infrastructure projects.

The organisation maintains that effective public oversight will be critical to ensuring that the 2026 Budget delivers on its development promises, particularly in infrastructure expansion and youth employment generation.

Advertisement Advertisement
Tags: Featured
ShareTweetSendShareSend
Previous Post

Actress, media personality Beverly Afaglo Baah has died

Next Post

Africa must become destination for investment, not aid – Nyarko Ampem

Related Posts

Gov’t unveils digital e-Visa platform with free access for African passport holders
General

Gov’t unveils digital e-Visa platform with free access for African passport holders

May 25, 2026
Africa must become destination for investment, not aid – Nyarko Ampem
Banking & Finance

Africa must become destination for investment, not aid – Nyarko Ampem

May 25, 2026
Actress, media personality Beverly Afaglo Baah has died
Arts & Entertainment

Actress, media personality Beverly Afaglo Baah has died

May 24, 2026
GN Savings ruling carries wider risks for financial sector stability – Amin Adam
Banking & Finance

GN Savings ruling carries wider risks for financial sector stability – Amin Adam

May 23, 2026
MFWA raises concern over application of speech-related laws amid arrests
Arts & Entertainment

MFWA raises concern over application of speech-related laws amid arrests

May 23, 2026
“Strong economies cannot be built on weak markets” – Veep advocates trust, ethics in finance
Banking & Finance

“Strong economies cannot be built on weak markets” – Veep advocates trust, ethics in finance

May 22, 2026
Next Post
Africa must become destination for investment, not aid – Nyarko Ampem

Africa must become destination for investment, not aid – Nyarko Ampem

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Dr. Isaac Nyame elected president as ICAG concludes 2026 council elections

    Dr. Isaac Nyame elected president as ICAG concludes 2026 council elections

    42 shares
    Share 17 Tweet 11
  • BudgIT Ghana: Financing, delivery risks threaten ‘Big Push’, 24-Hour Economy

    1 shares
    Share 0 Tweet 0
  • Africa must become destination for investment, not aid – Nyarko Ampem

    1 shares
    Share 0 Tweet 0
  • Youth panel discusses digital-age challenges and biblical solutions at 21st PACE Conference

    11 shares
    Share 4 Tweet 3
  • I’m ultimately responsible for every success and failure within my government– Akufo-Addo

    17 shares
    Share 7 Tweet 4

Browse by Category

  • Africa
  • Ahafo
  • Art & Entertainment
  • Arts & Entertainment
  • Ashanti
  • Aviation
  • Banking & Finance
  • Bono East
  • Brong Ahafo
  • Business
  • Business
  • Central
  • Communication
  • Culture
  • Eastern
  • Economy
  • Education
  • Entrepreneurship & Local Business
  • Exclude
  • Features
  • General
  • Ghana
  • Greater Accra
  • Health
  • Health
  • International
  • International Trade
  • Lifestyle
  • Lifestyle
  • Media
  • National
  • News
  • North East
  • Northern
  • Oil & Gas
  • Oti
  • Politics
  • Politics
  • Real Estate
  • Regional
  • Relationship
  • Relationship
  • Religion
  • Savannah
  • Social
  • Social
  • Sports
  • Sports
  • Technology
  • Tourism & Hospitality
  • Trade
  • Transportation
  • Uncategorized
  • Upper East
  • Upper West
  • Volta
  • Western
  • About
  • Advertise
  • Privacy & Policy
  • Contact

About Us

© 2022- 2026 The Sikaman Times

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus

About Us

© 2022- 2026 The Sikaman Times

QUICK LINKS

About

Privacy Policy

Terms Of Use

Advertisement

Contact

FOCUS

Ghana

Africa

International

CATEGORIES

General News

Business

Opinions

Politics

Technology

EXTRAS

Sports

Entertainment

Health & Wellness

STAY CONNECTED

Facebook Twitter Youtube Instagram Linkedin

© COPYRIGHT 2022-2026
The Sikaman Times