ISSER raises concerns over sharp decline in capital expenditure

The Institute observed that the sharpest reduction occurred in capital expenditure, spending on infrastructure and other productive investments that support long-term economic growth.

The Institute of Statistical, Social and Economic Research (ISSER) has cautioned that Ghana's improving fiscal performance may be coming at the expense of long-term economic growth, arguing that the government's stabilisation efforts are being driven more by spending cuts than stronger revenue mobilisation.6 billion for capital projects during the first half of the year, it spent only about GH¢21.