Some 2027 Budget Targets Optimistic, Others Unrealistic – Prof. Isaac Boadi

Associate Professor and Dean of the Faculty of Accounting and Finance at the University of Professional Studies, Accra (UPSA), Prof. Isaac Boadi, has described portions of the government’s 2027 Budget Statement and Economic Policy as achievable, while cautioning that some projections appear overly optimistic and unrealistic.

Speaking during a panel discussion on Peace FM‘s flagship morning programme Kokrokoo, Prof. Boadi offered his assessment of the 2027 budget presented by Finance Minister Dr. Cassiel Ato Forson to Parliament on November 12, 2026, under the theme “The New Economy Policy.”

According to him, the budget contains a mix of realistic and ambitious targets that require careful scrutiny beyond the headline figures.

“Looking at the budget, some of the things were possible, some were quite optimistic and some were unrealistic,” he stated.

Despite his reservations, Prof. Boadi acknowledged what he described as genuine improvements in key macroeconomic indicators, particularly inflation.

“Inflation is down; these are real and we should acknowledge it,” he noted.

The UPSA Dean, however, stressed that assessing a national budget should go beyond examining projected revenues, expenditures and other numerical targets. In his view, four critical factors must guide any evaluation of a government’s fiscal policy.

“There are four cardinal things to see in every budget and not only the numbers; you look at compliance, credibility, realism and the quality of the budget,” he explained.

Listen to him in the video below