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2027 Budget: Implementation matters more than promises – Labour expert

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A labour expert and Senior Lecturer at the University of Skills Training and Entrepreneurial Development, Dr. Aaron Kumah, has praised the presentation of the 2027 Budget as excellent, while cautioning that the real test lies in its execution.

Speaking in an interview on Rainbow Radio 87.5FM’s flagship news programme, Nyankonton Mu Nsem, Dr. Kumah noted that citizens are treated to inspiring policy statements every year when the Finance Minister lays the fiscal document before Parliament. He stressed, however, that fine words on paper mean little if they fail to translate into tangible improvements in the daily lives of ordinary Ghanaians.

“We hear brilliant and encouraging promises every single year whenever the budget is read. The critical question we must ask ourselves is whether these pronouncements actually reflect in the living standards of the people, and whether their execution will genuinely benefit the average Ghanaian,” Dr. Kumah stated.

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He explained that while the budget outlines the government’s broader vision and economic priorities, achieving those targets requires collective national effort alongside strict discipline from state actors. He urged the government to move beyond rhetoric and ensure that every commitment captured in the 2027 fiscal statement is fully rolled out.

“A budget is merely a statement of intent and priority. Its ultimate success depends on the support of the citizenry and, more importantly, the political will to see things through. Government must ensure that the promises made during the presentation are completely implemented for the greater good of the country,” he added.

Turning his attention to the labour front, Dr. Kumah described the prevailing rate of unemployment in the country as alarming and warned that treating the situation with complacency could trigger severe socio-economic consequences in the near future.

He pointed out that tertiary institutions churn out thousands of graduates annually who enter an already saturated job market with little hope of securing sustainable livelihoods. According to him, the government must roll out practical, targeted interventions to stimulate job creation and absorb the growing number of young professionals.

“The unemployment situation we are confronting today is truly alarming and demands urgent, decisive action. Every year, a massive number of students graduate from our institutions looking for work. If we fail to put practical measures in place to create real opportunities and absorb these young people into the labour market, the consequences for our future as a nation will be dire,” Dr. Kumah warned.

By: Rainbowradioonline.com/Ghana

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