Understanding Ghana's 2026 Mid-Year Budget Review

In short: This guide breaks down the main points from the 2026 Mid-Year Budget Review presented by the Finance Minister.

Who this applies to

This information is for all Ghanaians, including traders, drivers, students, and parents, who want to understand the government's financial plans for 2026.

Requirements

Not specified in source.

Step-by-step

1. The Finance Minister, Hon. Cassiel Ato Forson, presented the Mid-Year Budget Review to Parliament on July 23, 2026.

2. The Minister stated that there will be no changes to the budget for 2026; no supplementary estimates are being requested.

3. Key economic targets for 2026 include:

• Overall real GDP growth of at least 4.8%.
• Non-oil real GDP growth of at least 4.9%.
• End-year inflation target of 8+2%.
• A primary surplus of 1.5% of GDP.
• Gross international reserves to cover at least three months of imports.

4. The Minister highlighted three main policy reforms to support economic recovery:

• Fiscal Correction.
• Modernising Ghana’s Tax Regime.
• Fiscal policy aimed at controlling inflation and stabilizing the exchange rate.

5. The Parliament will debate the Mid-Year Budget Review starting on July 24 and will conclude on July 27, 2026.

Fees & timelines

Not specified in source.

Official source

For more information, you can contact Parliament of Ghana at info@parliament.gh or call +233302633030.

https://www.parliament.gh/news?CO=311