The Minister of Finance, Dr Cassiel Ato Forson, is set to deliver the 2026 mid-year budget statement today, Thursday, July 23, in Parliament. In his presentation, the Minister will detail the government’s fiscal performance in the first half of 2026 and outline the economic policy direction for the remainder of the year.
The review will assess how the economy has performed against the targets established in the 2026 Budget, which aims to transition Ghana from a phase of macroeconomic stabilisation to sustained economic growth, while upholding fiscal discipline.
Since the budget was presented in November 2025, key economic indicators have shown encouraging signs, with inflation decreasing to 5.3%. There have also been notable improvements in fiscal consolidation, the external sector, and debt sustainability.
The Finance Minister is anticipated to offer updates on revenue mobilisation, public expenditure, debt management, and financing plans for the latter half of the year.
Atta Issah, the Member of Parliament for Sagnarigu and a member of Parliament’s Finance Committee, has voiced confidence that the 2026 Mid-Year Budget Review will refrain from introducing new taxes, emphasising the government’s commitment to alleviating the financial burden on Ghanaians.
He indicated that the focus of the budget review will be on critical development priorities, such as flood mitigation, infrastructure enhancement, rural electrification, and the operationalisation of the Women’s Development Bank.
Ahead of the budget presentation on Wednesday, July 22, Atta Issah expressed his expectation for a comprehensive update on ongoing governmental programs, rather than new tax measures. “I expect that no new taxes will be introduced. We are a government that is sensitive and responsive to the needs of our people. In times when the populace is struggling, it is not appropriate to impose additional burdens, and I believe Thursday will reflect that commitment,” he stated.
