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2026 MID YEAR BUDGET REVIEW

2026-07-23 05:00:00
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The 2026 Mid-Year Budget Review for Ghana is scheduled to be presented to Parliament today, Thursday, July 23, 2026, at approximately 2:00 PM GMT by Finance Minister Dr. Cassiel Ato Forson delivers the Economic Policy Statement to Parliament

The Minister is expected to outline the government's fiscal performance during the first half of the year and its economic policy direction for the remaining months of 2026.

The review is expected to assess the economy's performance against the targets set in the 2026 Budget, which sought to transition Ghana from macroeconomic stabilisation to sustained economic growth while maintaining fiscal discipline.

Since the budget was presented in November 2025, key economic indicators have shown stronger-than-expected performance, with inflation declining to 5.3 per cent, alongside improvements in fiscal consolidation, the external sector and debt sustainability.

The Finance Minister is also expected to provide updates on revenue mobilisation, public expenditure, debt management and financing plans for the second half of the year.

Member of Parliament for Sagnarigu and a member of Parliament’s Finance Committee, Atta Issah, has expressed confidence that the 2026 Mid-Year Budget Review will not introduce new taxes, saying the government remains committed to easing the burden on Ghanaians.

According to him, the budget review is instead expected to focus on key development priorities, including flood mitigation, infrastructure, rural electrification and the operationalisation of the Women’s Development Bank.

Speaking on Wednesday, July 22, ahead of the presentation of the Mid-Year Budget Review, Atta Issah said he expects the Finance Minister to provide a comprehensive update on government’s ongoing programmes rather than announce additional tax measures.

“I expect that no new taxes will be introduced. We are a government that is sensitive and listening to the plight of the people. At a time when people are struggling, you do not come and impose additional burdens on them, and Thursday will not be an exception,” he said.

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