Professor Robert Darko OseiThe Institute of Statistical, Social and Economic Research (ISSER) has cautioned that Ghana risks undermining its long-term development goals if infrastructure spending continues to fall short of target due to tight expenditure controls. According to ISSER’s assessment, the government’s fiscal strategy aimed to create fiscal space for increased capital expenditure. The review found that capital expenditure was nearly 40 per cent below its programmed level, making it the weakest-performing component of government expenditure during the period. The slowdown in infrastructure spending was also reflected in the construction sector, which recorded growth of just 1.3 per cent in the first quarter of 2026. Prof. Osei stressed that capital expenditure remained a crucial driver of infrastructure development, industrialisation, productivity growth and job creation.