We admonish government not to overspend, especially in election year – ISSER

The Institute of Statistical, Social, and Economic Research (ISSER) advises fiscal restraint for Ghana as the 2024 election year approaches, warning against overspending that could jeopardize recent economic gains.

ISSER’s report highlights improved macroeconomic indicators, including inflation and exchange rates, achieved in 2024.

Professor Peter Quartey, ISSER’s director, emphasized breaking the cycle of election-year overspending, which often leads to inflation and fiscal deficits.

ISSER notes that staying within fiscal targets could enhance investor confidence, further stabilizing Ghana's economy and supporting growth beyond the election cycle.