Finance Minister Dr. Cassiel Ato Forson is set to present the 2026 Mid-Year Budget Review to Parliament today, Thursday, July 23. The statement will detail the government’s fiscal performance over the first half of the year and outline its economic policy direction for the remaining months of 2026.
The review will assess how the economy has performed against the targets set in the 2026 Budget, which aimed to steer Ghana from macroeconomic stabilisation toward sustained growth while upholding fiscal discipline.
Since the budget was tabled in November 2025, key economic indicators have surpassed expectations. Inflation has dropped to 5.3 per cent, while notable gains have been recorded in fiscal consolidation, external sector performance, and debt sustainability.
Dr. Forson is also expected to provide updates on revenue mobilisation, public expenditure, debt management, and financing plans for the second half of the year.
The government is widely anticipated to maintain its current tax policy. Indications suggest the review will not introduce new levies but will instead concentrate on enforcing existing fiscal measures to preserve macroeconomic stability.
The review is also likely to include an update on Ghana’s transition from the International Monetary Fund’s Extended Credit Facility programme to the Policy Coordination Instrument (PCI), a framework expected to guide economic reforms after the current IMF arrangement concludes.
Regarded as a key fiscal policy statement, the Mid-Year Budget Review offers critical insight into government spending priorities, borrowing strategies, and the broader economic outlook.
Businesses, investors, and development partners are expected to monitor the presentation closely for signals on inflation, interest rates, exchange rate stability, and any adjustments to expenditure allocations or financing strategies for the rest of the year.
