Finance Minister to present 2026 Mid-Year Budget Review today
Finance Minister Dr Cassiel Ato Forson is set to present the 2026 Mid-Year Budget Review to Parliament today, Thursday, July 23, outlining the country’s economic performance during the first six months of the year and the government’s fiscal direction for the remainder of 2026.
The statement is expected to evaluate how the economy has performed against the objectives outlined in the 2026 Budget, which was designed to move Ghana from a period of macroeconomic stabilisation to sustained economic growth while maintaining fiscal discipline.
Since the budget was introduced in November 2025, key economic indicators have shown notable improvement. Inflation has eased to 5.3 per cent, while the country has also recorded progress in fiscal consolidation, external sector performance and debt sustainability.
During the presentation, Dr Forson is expected to update Parliament on government revenue mobilisation, public spending, debt management and the financing strategy for the second half of the year.
The Finance Minister is not expected to introduce new taxes, with the government instead likely to retain the existing tax framework and concentrate on enforcing current fiscal measures aimed at safeguarding macroeconomic stability.
The review is also expected to provide details on Ghana’s transition from the International Monetary Fund’s (IMF) Extended Credit Facility (ECF) programme to the Policy Coordination Instrument (PCI), which will serve as the country’s new framework for advancing economic reforms after the IMF-supported programme concludes.
The Mid-Year Budget Review remains one of the government’s most significant fiscal policy updates, providing Parliament, investors, businesses and development partners with an overview of the economy, government spending plans, borrowing strategy and the broader economic outlook.
Market participants and other stakeholders will closely follow the presentation for fresh updates on inflation, interest rates, exchange rate performance and any revisions to government expenditure and financing plans for the rest of 2026.