Ghana’s Finance Minister, Dr. Cassiel Ato Forson, is expected to present the 2026 Mid-Year Budget Review to Parliament next week, outlining the government’s fiscal performance and economic policy direction for the remainder of the year.
The presentation, subject to Parliament’s sitting schedule, is expected after the finance minister concludes consultations with Cabinet and briefs President John Dramani Mahama on the proposals contained in the review.
The mid-year budget statement is expected to outline the government’s strategy for sustaining economic recovery after months of macroeconomic stabilisation, while maintaining fiscal discipline and promoting private sector-led growth.
The review is also expected to signal a shift from a stabilisation agenda to policies focused on job creation, productivity growth and strengthening the economy against future shocks.
A key aspect of the presentation is expected to be an update on Ghana’s engagement with the International Monetary Fund (IMF), including the completion of the country’s Extended Credit Facility (ECF) programme and plans to transition to the IMF’s Policy Coordination Instrument (PCI), which is expected to guide macroeconomic policy after the bailout programme ends.
Forson is also expected to brief lawmakers on progress in Ghana’s debt restructuring programme, particularly negotiations with external creditors and their implications for the country’s debt sustainability. Recent IMF assessments pointing to improvements in Ghana’s debt profile are expected to feature in the review.
On the fiscal front, Parliament is expected to receive updates on government revenue performance during the first half of 2026, expenditure trends and measures aimed at keeping the budget on track while protecting spending on priority sectors such as health, education and infrastructure.
Investors and businesses will be watching for any new tax, spending or borrowing measures that could affect the country’s fiscal outlook, investment climate and broader economy.
The review is also expected to indicate whether the government intends to revise the macroeconomic assumptions underpinning the 2026 Budget in light of changing domestic and global economic conditions.
Beyond fiscal reporting, the statement is expected to provide an assessment of Ghana’s economic performance during the first six months of the year, covering revenue mobilisation, expenditure management, debt servicing and broader macroeconomic indicators.
The mid-year budget review is a statutory requirement under Section 28 of the Public Financial Management Act, 2016 (Act 921), which requires the Finance Minister to update Parliament on the implementation of the national budget and present the fiscal outlook for the remainder of the financial year.
The statement is also expected to provide investors, development partners and credit rating agencies with an indication of the government’s commitment to prudent fiscal management and sustainable economic reforms.
