Finance Minister Dr Cassiel Ato Forson is expected to present the 2026 Mid-Year Budget Review to Parliament today, Thursday, July 23, outlining Ghana’s economic performance during the first half of the year and the government’s fiscal plans for the remaining months.
The review will assess the economy’s performance against the targets set in the 2026 Budget, which sought to move Ghana from macroeconomic stabilisation to sustained economic growth while maintaining fiscal discipline.
Since the budget was presented in November 2025, the economy has recorded stronger-than-expected performance, with inflation falling to 5.3 per cent alongside improvements in fiscal consolidation, the external sector and debt sustainability.
Dr Forson is also expected to provide updates on government revenue, public expenditure, debt management and financing strategies for the second half of 2026.
No new taxes are expected to be announced, as the government is likely to maintain the current tax regime while focusing on implementing existing fiscal measures to preserve macroeconomic stability.
The Finance Minister is also expected to brief Parliament on Ghana’s transition from the International Monetary Fund’s (IMF) Extended Credit Facility (ECF) programme to the Policy Coordination Instrument (PCI), which is expected to guide the country’s economic reform agenda after the IMF programme ends.
The Mid-Year Budget Review is regarded as one of the government’s key fiscal policy statements, offering Parliament, businesses, investors and development partners an assessment of the economy, spending priorities, borrowing plans and the overall economic outlook.
Stakeholders will be keenly watching the presentation for updates on inflation, interest rates, exchange rate stability, and any adjustments to expenditure allocations and financing strategies for the remainder of the year.