• About
  • Advertise
  • Privacy Policy
  • Contact
Saturday, July 11, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Economy

Data Crucial for Growth, Dr Iddrisu Extols Gov’t for GHȻ207m Budget

Michael Teye-Bio Naduteyby Michael Teye-Bio Nadutey
December 8, 2025
Reading Time: 4 mins read
Dr Alhassan Iddrisu, Government Statistician

Dr Alhassan Iddrisu, Government Statistician

Dr Alhassan Iddrisu, the Government Statistician, has exclaimed praises on the government for prioritizing data and allocating an amount of GHȻ 207 million in the 2026 Budget.

While speaking at the 2025 annual forum for data producers, users, and enhancers on the theme “Financing innovations in data and statistics for sustainable and inclusive development,” Dr Iddrisu verified how instrumental data is and the need to invest in it as a country.

“This is why the Government’s allocation of resources, including the GHȻ 207 million in the 2026 Budget to support the rebasing of CPI, GDP, and related activities, is so significant for us.

“It signals a turning point: a national recognition that accurate statistics are essential infrastructure, just like roads, energy, and health systems.”

Dr Alhassan Iddrisu, Government Statistician

Data Warranty for Institutional Structuring

According to Dr Alhassan Iddrisu, since data has been accepted as a public good, the country must finance it to ensure its data is available, accurate, and relevant to the times. The budget across Ministries, Departments, and Agencies (MDAs) and Metropolitan, Municipal, and District Assemblies (MMDAs) needs to be predictable going forward, Dr Iddrisu remarked.

Ghana5
A typical data on Ghana’s population and projections

Data is needed to model systems, governance, institutional mandates, infrastructure, policies, and all spheres of the country’s affairs. Every allocation of the country’s money must be measured for use, quality, and outcome to ensure value-for-money.

ADVERTISEMENT

“We need financing models that blend public, private, and development resources and that support experimentation with AI, geospatial systems, and real-time analytics. We need strong governance, clear mandates, and value-for-money metrics that link every cedi invested to better quality, better coverage, and better use.”

Dr Alhassan Iddrisu, Government Statistician

Government’s Vision Commended

The Government Statistician emphasized that the Ministry of Finance’s vision in prioritizing data, both collection and use, is commendable, and all data-driven stakeholders must appreciate the move by the government.

“Let me pause to acknowledge the Ministry of Finance and Parliament in general and the Minister for Finance, Hon. Dr Cassiel Ato Forson, in particular. Their leadership in prioritizing data and statistics in the 2026 Budget is a major step forward.”

Dr Alhassan Iddrisu, Government Statistician

Dr Iddrisu added that “this commitment did not emerge in isolation; it reflects deliberate engagement, a clear understanding of the value of evidence for economic management, and a willingness to invest in the systems that anchor fiscal discipline, growth, and accountability.”

thumbnail image0 2
President John Dramani Mahama and Dr. Cassiel Ato Forson

He further argues that for government policies to fulfill the desired outcome, robust data is needed. The data will not only perfect public allocations but will also equip the country’s statistical system for financing evidence and appropriate accountability.

“We deeply appreciate the Ministry’s recognition that without strong data, public policy cannot achieve its intended results. This partnership strengthens our national statistical system and sets a new standard for financing evidence in Ghana.”

Dr Alhassan Iddrisu, Government Statistician

Furthermore, as “we [data stakeholders] celebrate this step,” according to Dr Iddrisu, “we [data stakeholders] encourage continued, consistent investment that matches the scale of Ghana’s development ambitions.” Currently, the various government initiatives require significant and sufficient data to boost effective implementation and visibility.

Financing Data is not a Cost but an Investment

The government statisticians also refuted claims to conclude that “financing data is not a cost; it is an investment in economic stability, social inclusion, and better outcomes for every household and community.”

ADVERTISEMENT

He buttressed his assertion with data from the United Nations study, which, according to him, “every US$1 invested in data systems generates an average return of US$ 32 through improved policy decisions, stronger institutions, better targeting of resources, and reduced inefficiencies in public spending.”

data 0

This global evidence underpins why continuous financing for data is indispensable. It is an injustice for a society or country to live without accurate data. Therefore, he urges the government, academicians, institutions, and all stakeholders to safeguard Ghana’s national data and recognize its value.

READ ALSO: Ato Forson Draws the Line: Waste of Public Funds Will No Longer Be Tolerated

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: 2026 budgetaccurate dataCPIDr Alhassan IddrisuDr Cassiel Ato Forsonfinancing dataGDPMDAsMinistry of FinanceMMDAsrobust dataUnited NationsValue-for-Money
Share1Tweet1ShareSendSend
Please login to join discussion
Previous Post

Calls Grow to Halt Tariff Hikes as Critics Cite Systemic Inefficiencies

Next Post

Ewoyaa Lithium Deal: Lands Ministry Pledges to Meet Concerns of All Stakeholders

Related Posts

Debt Reforms Key to Ghana's Economic Recovery
Economy

Debt Reforms Key to Ghana’s Economic Recovery

July 10, 2026
Ghana’s Economic Recovery Enters New Growth Phase
Economy

Ghana’s Economic Recovery Enters New Growth Phase

July 9, 2026
Services Drive Ghana's Economic Expansion to 4.7%
Economy

Services Drive Ghana’s Economic Expansion to 4.7%

July 9, 2026
New IMF Chief Economist Signals Fresh Global Economic Direction
Economy

New IMF Chief Economist Signals Fresh Global Economic Direction

July 8, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Shatta Wale , African King

Shatta Wale Unveils Ambitious ‘African King’ Album for July 17 Release

July 11, 2026
Finance and Investments Deputy Chief Executive, Mad. Seidu Bogobiri,

GH¢1.2bn Claims disbursed to Health Care Providers Nationwide – NHIA

July 11, 2026
GSE Ends Week Strong as Stocks Extend Winning Momentum

GSE Ends Week Strong as Stocks Extend Winning Momentum

July 11, 2026
Andrew Egyapa Mercer

Stop The Charade, Take Action On Floods — Mercer

July 11, 2026
Kofi Bentil, Senior Vice President of Imani Ghana

 Sanitation Crisis Needs Engineering Solutions, Not Symbolic Actions— Bentil

July 11, 2026
ADVERTISEMENT
Next Post
Lands and Natural Resources Minister, Hon. Armah-Kofi Buah

Ewoyaa Lithium Deal: Lands Ministry Pledges to Meet Concerns of All Stakeholders

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.