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“Whether You Like It Or Not, The Economy Is Stable, But Figures Must Reflect In Pockets” — Kwesi Pratt

Veteran journalist Kwesi Pratt Jnr has acknowledged that Ghana’s economy is showing signs of stability following the 2026 Mid-Year Budget Review, but insists macroeconomic gains are meaningless unless they improve the daily living conditions of ordinary Ghanaians.

“Whether You Like It Or Not, The Economy Is Stable, But Figures Must Reflect In Pockets” — Kwesi Pratt
“Whether You Like It Or Not, The Economy Is Stable, But Figures Must Reflect In Pockets” — Kwesi Pratt

Ace journalist and political commentator Kwesi Pratt Jnr has conceded that Ghana’s economy is exhibiting noticeable signs of macroeconomic stability, but warned that statistical progress means little if it fails to bring tangible relief to citizens.

Speaking as a panelist on Peace FM’s flagship morning show, 'Kokrokoo', Mr. Pratt reflected on the 2026 Mid-Year Budget Review presented to Parliament on Thursday, July 23, by Finance Minister Dr. Cassiel Ato Forson.

In his presentation, the Finance Minister highlighted what the government described as major macroeconomic breakthroughs, including beating key financial targets for the first half of the year.

Macro Economic Gains vs. Daily Realities

Reacting to the budget performance, Pratt noted that the government's efforts to curb economic volatility—particularly regarding inflation—could not be ignored.

"Whether you like it or not, there’s a certain stability in Ghana’s economy. When you look at inflation, there’s a certain level of stability,” Pratt stated.

However, the seasoned media icon stressed that positive economic indicators on paper do not automatically guarantee public satisfaction or well-being.

"Livelihoods Matter Most"

Pratt cautioned policymakers that voters assess governments based on their personal financial reality rather than abstract economic charts, emphasizing that macroeconomic success must extend to the household level.

"These indicators must reflect in the pockets of Ghanaians because elections are based on individual judgement and not on inflation and so on," he remarked. "The bottom line is: are the livelihoods of Ghanaians better?”

His comments underscore a growing call from civil society and economic analysts for the government to ensure that headline stabilization translates into affordable living costs, job creation, and enhanced purchasing power for the public.

Written by

Daniel

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