Cassiel Ato Forson will present the 2026 Mid-Year Budget Review to Parliament today, Thursday, July 23, providing lawmakers with an update on Ghana’s economic performance in the first half of the year and the government’s fiscal plans for the remaining months of 2026.
The statement is expected to review the progress of the 2026 Budget, which aims to move the economy from a phase of macroeconomic stabilisation to sustainable growth while maintaining fiscal prudence.
A number of important economic indicators have improved more than anticipated since the budget was released in November 2025. In addition to improvements in fiscal consolidation, external sector performance, and debt sustainability, inflation has dropped to 5.3%.
For the second half of the fiscal year, Dr Forson is also anticipated to brief Parliament on trends in domestic income mobilisation, government spending, public debt management, and financing arrangements.
During the review, no new taxes are anticipated to be announced by the government. Rather, the presentation will likely focus on strengthening the implementation of current fiscal policies aimed at maintaining macroeconomic stability and promoting economic growth.
An update on Ghana’s move from the International Monetary Fund’s (IMF) Extended Credit Facility (ECF) program to the Policy Coordination Instrument (PCI), which is anticipated to direct the nation’s economic reform agenda following the conclusion of the current IMF program, will also likely be given by the Finance Minister.
The Mid-Year Budget Review provides Parliament and the public with an evaluation of government spending, revenue performance, borrowing plans, and the general state of the economy. It is a significant update on fiscal policy.
For information on inflation, interest rates, exchange rate stability, and any changes to government spending objectives or financing plans for the remainder of the year, businesses, investors, and development partners will be closely monitoring the presentation.