Finance Minister Dr Cassiel Ato Forson is expected to present the 2026 Mid-Year Budget Review to Parliament today, July 23, outlining the government’s fiscal performance during the first half of the year and its economic policy direction for the remainder of 2026.
The statement is expected to assess the economy’s performance against the targets set out in the 2026 Budget, which aimed to move Ghana from macroeconomic stabilisation to sustained economic growth while maintaining fiscal discipline.
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Since the 2026 Budget was presented in November 2025, key economic indicators have shown stronger-than-expected performance. Inflation has declined to 5.3 per cent, while improvements have also been recorded in fiscal consolidation, the external sector and debt sustainability.
Dr Forson is also expected to provide updates on revenue mobilisation, public expenditure, debt management and the government’s financing plans for the second half of the year.
Ahead of the presentation, Member of Parliament for Sagnarigu and a member of Parliament’s Finance Committee, Atta Issah, expressed confidence that the Mid-Year Budget Review would not introduce new taxes.
He said the government remained committed to easing the financial burden on Ghanaians and would instead focus on key development priorities.
According to Mr Issah, the review is expected to highlight initiatives including flood mitigation, infrastructure development, rural electrification and the operationalisation of the Women’s Development Bank.
Speaking on July 22, he said he expected the Finance Minister to provide a comprehensive update on the implementation of government 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.
