The Deputy Ranking Member on Parliament's Finance Committee, Dr Gideon Boako, has cautioned that Ghana's improving macroeconomic indicators will have little meaning if they do not result in jobs for the country's youth.

Speaking on NewsFile on Saturday, July 25, 2026, Dr Boako argued that government cannot measure economic success solely by favourable fiscal and macroeconomic statistics while unemployment remains high.

According to him, the true measure of economic recovery is whether it improves the lives of ordinary Ghanaians through employment, higher incomes and greater economic opportunities.

"A growing economy with unemployed youth is not growth but a factory of frustration," he indicated.

Dr Boako acknowledged government's emphasis on declining inflation, improving fiscal balances and stronger macroeconomic indicators, but maintained that many young people continue to struggle to secure decent jobs despite completing their education.

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He warned that economic growth without corresponding job creation could widen inequality and erode public confidence in ongoing economic reforms.

Dr Boako stressed that fiscal and economic policies should be assessed not only by headline growth figures but also by their ability to stimulate private sector expansion, support entrepreneurship and create sustainable employment opportunities.

"Economic growth must be reflected in jobs, businesses and improved living standards. If young people are still unable to find meaningful employment, then we cannot celebrate the numbers as though they tell the whole story," he said.

His remarks come amid discussions on the 2026 Mid-Year Budget Review, with participants assessing the government's fiscal performance and the extent to which the country's improving economic indicators are translating into tangible benefits for Ghanaians.

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