{"id":261108,"date":"2025-11-13T20:51:09","date_gmt":"2025-11-13T20:51:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/261108\/"},"modified":"2025-11-13T20:51:09","modified_gmt":"2025-11-13T20:51:09","slug":"current-economic-stability-built-on-npps-strong-foundation-nhyiaeso-mp","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/261108\/","title":{"rendered":"Current economic stability built on NPP\u2019s strong foundation \u2013 Nhyiaeso MP"},"content":{"rendered":"<p class=\"article-image\"><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/NewsArchive\/Current-economic-stability-built-on-NPP-s-strong-foundation-Nhyiaeso-MP-2009369?gallery=1\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/11\/10414371.295.jpg\" alt=\"Dr Stephen Amoah is the Member of Parliament for Nhyiaeso\" title=\"Dr Stephen Amoah is the Member of Parliament for Nhyiaeso\" width=\"295\" height=\"188\" \/> <\/a>Dr Stephen Amoah is the Member of Parliament for Nhyiaeso<\/p>\n<p id=\"article-123\">The Member of Parliament for Nhyiaeso and former Deputy Finance Minister, Dr Stephen Amoah, has said that the government&#8217;s current efforts toward economic stability are possible because of the solid foundation laid by the <a target=\"_blank\" href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/people\/person.php?ID=3187\" rel=\"nofollow noopener\">New Patriotic Party<\/a> (NPP) during its tenure in office.<\/p>\n<p>Speaking to JoyNews ahead of the presentation of the 2026 Budget in Parliament on Thursday, November 13, 2025, Dr Amoah explained that the NPP government had established a robust foundation through fiscal discipline and structural reforms, which, in his view, the current administration continues to benefit from.<\/p>\n<p>&#8220;The NPP government established a robust foundation through fiscal discipline and structural reforms, which is why the current administration continues to benefit from,&#8221; he stated.<\/p>\n<p><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/The-economy-is-bigger-than-political-parties-Stephen-Amoah-1975715\" rel=\"nofollow noopener\" target=\"_blank\">The economy is bigger than political parties \u2013 Stephen Amoah<\/a><\/p>\n<p>Ghana&#8217;s fiscal challenges stem from limited domestic revenue compared to expenditure.<\/p>\n<p>He argued that while calls for tax reductions are understandable, they must be balanced with sustainable fiscal measures to avoid worsening the country&#8217;s debt position.<\/p>\n<p>&#8220;The amount of money we generate domestically is always far less than the amount that we expend. If you want to take away taxes, that&#8217;s fine, but give us an assurance that the fiscal space we are working within, considering our debt issues, can still support the economy sustainably,&#8221; he said.<\/p>\n<p>Dr Amoah emphasised that revenue mobilisation must be strong enough to reduce Ghana&#8217;s dependence on borrowing.<\/p>\n<p><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/NewsArchive\/Our-economy-has-ulcer-NPP-MP-1652405\" rel=\"nofollow noopener\" target=\"_blank\">Our economy has &#8216;ulcer&#8217; &#8211; NPP MP<\/a><\/p>\n<p>&#8220;We need to ensure that the revenue we generate will be enough, not to put any burden on us, but to make Ghana economically independent,&#8221; he added.<\/p>\n<p>The 2026 Budget is anticipated to focus on revenue mobilisation, debt sustainability, and job creation as part of efforts to consolidate Ghana&#8217;s economic recovery.<\/p>\n<p>MRA\/SEA<\/p>\n<p>El-Wak Tragedy: Watch Pusiga MP&#8217;s remarks that caused a stir in Parliament<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"Dr Stephen Amoah is the Member of Parliament for Nhyiaeso The Member of Parliament for Nhyiaeso and former&hellip;\n","protected":false},"author":2,"featured_media":261109,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":{"0":"post-261108","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-uk","11":"tag-united-kingdom","12":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/261108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=261108"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/261108\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/261109"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=261108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=261108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=261108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}