Institute of Economic Research and Public Policy — think tank that issues policy critiques and performance ratings on Ghana's economic governance, fiscal management, and central bank operations.
The Institute of Economic Research and Public Policy (IERPP) has welcomed Ghana’s reported US$2.62 billion in Foreign Direct Investment (FDI), saying it is an encouraging sign that international investors still find opportunities and potential in the Ghanaian economy in 2025. …
The Institute of Economic Research and Public Policy (IERPP) is questioning the scale of Ghana’s foreign exchange interventions, saying that the reported US$18 billion used to support the cedi could have significant opportunity costs for the economy. …
The Institute of Economic Research and Public Policy (IERPP) has called for consistency in the enforcement of laws governing political speech, warning that selective application could undermine freedom of expression and erode public confidence in Ghana’s justice system. …
Executive Director of the Institute of Economic Research and Public Policy, Professor Isaac Boadi, has challenged the government’s presentation of fiscal restraint, saying that lowering public expenditure does not automatically equate to genuine economic savings. …
The Institute of Economic Research and Public Policy (IERPP) is questioning whether Ghana’s recent economic gains have translated into genuine fiscal space, warning that headline improvements may not reflect the country’s underlying financial position. …
The Institute of Economic Research and Public Policy (IERPP) has rated President John Mahama’s first year in office below average, awarding his administration a score of 4.9 out of 10 for its performance in 2025. …
The Institute of Economic Research and Public Policy (IERPP) has raised concerns over what it describes as massive revenue leakages in Ghana’s petroleum sector, warning that more than 200 million litres of fuel cannot be accounted for between 2020 and 2025. …
The Institute of Economic Research and Public Policy has welcomed Ghana's US$2.62 billion in Foreign Direct Investment in 2025, but warns that the nation cannot overlook estimated losses of US$1.7 billion (GH¢22 billion) under the Domestic Gold Purchase Program, which represents about 65% of the reported FDI inflows.
The Institute of Economic Research and Public Policy has welcomed Ghana's US$2.62 billion in Foreign Direct Investment in 2025, but warns that the nation cannot overlook estimated losses of US$1.7 billion (GH¢22 billion) under the Domestic Gold Purchase Program, which represents about 65% of the reported FDI inflows.
The Institute of Economic Research and Public Policy questions Ghana's reported US$18 billion in foreign exchange interventions by the Bank of Ghana, arguing the funds could instead finance the government's US$4 billion 24-Hour Economy policy aimed at creating 1.7 million jobs. The institute acknowledges currency stabilization matters but contends large-scale interventions should prompt action on underlying structural currency pressures.
The Institute of Economic Research and Public Policy has called for consistency in enforcing laws governing political speech, warning that selective application could undermine freedom of expression. The institute questioned whether criminal sanctions should be the primary response to political commentary, citing Ghana's history of harsh personal attacks on both major political parties that did not all result in prosecution.
Prof. Isaac Boadi says reducing public expenditure does not equal genuine economic savings unless unspent capital is redirected into productive investments. He also questioned the government's accountability for the 24-Hour Economy Initiative, noting that approximately GHC 110 million has been spent with little verifiable output, and warned of looming debt service challenges if revenue shortfalls persist.
The Institute of Economic Research and Public Policy says Ghana's recent economic gains—including a lower debt-to-GDP ratio (41.5% by January 2026), reduced inflation (3.2% in March 2026), and currency appreciation—may not reflect genuine fiscal space, as the state must meet existing obligations while investing and responding to shocks. According to Executive Director Prof. Isaac Boadi, some improvements such as the debt-ratio decline were partly driven by GDP rebasing rather than stronger fiscal fundamentals.
The Institute of Economic Research and Public Policy has awarded President John Mahama's administration a below-average score of 4.9 out of 10 for its performance in 2025, citing weak infrastructure spending (0.9% capital expenditure), energy, industry, manufacturing, governance, and social service delivery as key factors in the lower rating.
According to the 2025 Auditor-General's Report, ten District Assemblies across ten regions collected GH¢106,358,608.73 in Internally Generated Funds but spent only GH¢2,431,064.85 on capital projects, falling GH¢18,840,656.45 short of the legally required 20 per cent allocation to roads, water, healthcare, and schools.
The Institute of Economic Research and Public Policy has raised alarm over what it says are massive revenue leakages in Ghana's petroleum sector, reporting that more than 200 million litres of fuel cannot be accounted for between 2020 and 2025, resulting in tax revenue losses exceeding GH¢600 million. The institute cites weak monitoring systems at ports and throughout the petroleum distribution chain and calls for stricter enforcement, including real-time fuel tracking systems.
The Bank of Ghana reported an operating loss of GH¢34.9 billion for 2025 (inclusive of other comprehensive income losses), compared with GH¢9.49 billion in 2024. The IERPP raises questions about whether these losses represent unavoidable costs of maintaining economic stability, noting that the Governor previously denied the Central Bank would incur any losses in 2025.