Ghana Nears Completion of External Debt Restructuring After Successful SADEREA Notes Exchange

Finance Minister Ato Forson to Present 2026 Mid-Year Budget Review on July 23

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Finance Minister Dr. Cassiel Ato Forson is expected to present the government’s 2026 Mid-Year Budget Review to Parliament on Thursday, July 23, 2026, outlining the administration’s updated economic direction and measures aimed at sustaining Ghana’s economic recovery.

The presentation is expected to provide an assessment of the country’s economic performance during the first half of the year, while introducing policy adjustments and interventions designed to strengthen fiscal stability and drive long-term economic growth.

According to the government, the Mid-Year Budget Review will set out its new economic agenda, which seeks to consolidate the macroeconomic gains recorded in recent months and transition the economy from a period of stabilisation to one focused on sustainable and inclusive growth.

The review is also expected to update Parliament on key fiscal indicators, revenue mobilisation efforts, expenditure performance, debt management, inflation trends, and the implementation of major government programmes announced in the 2026 Budget Statement.

The date for the presentation was announced by Deputy Majority Leader Kweku George Ricketts-Hagan during proceedings in Parliament when he delivered the Business Statement for the upcoming sitting.

The Mid-Year Budget Review is a key constitutional and fiscal exercise that allows the government to report on the implementation of the national budget, assess progress made in achieving economic targets, and propose any necessary policy or expenditure adjustments in response to changing economic conditions.

This year’s review is expected to attract significant attention from lawmakers, the business community, development partners, investors, and the general public, as it comes at a time when the government says the economy has shown signs of improved stability following recent fiscal reforms.

Economic analysts will be looking closely at the Finance Minister’s statement for updates on growth projections, inflation, exchange rate performance, public debt management, and measures intended to boost private sector activity, create jobs, and sustain the country’s economic recovery.

Dr. Ato Forson’s presentation is expected to provide a roadmap for the government’s economic priorities for the remainder of 2026, while reaffirming its commitment to maintaining fiscal discipline and building a resilient economy capable of supporting long-term national development.

CREDIT: PRINCE KWAME KUDOGAH

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