*GOVERNMENT AFFIRMS 2026 MACROECONOMIC TARGETS, RULES OUT SUPPLEMENTARY BUDGET* The Minister for Finance, Dr. Cassiel Ato Forson, has affirmed government’s commitment to its
*GOVERNMENT AFFIRMS 2026 MACROECONOMIC TARGETS, RULES OUT SUPPLEMENTARY BUDGET* The Minister for Finance, Dr. Cassiel Ato Forson, has affirmed government’s commitment to its 2026 macroeconomic targets and announced that there will be no supplementary budget for the 2026 financial year. Presenting the Mid-Year Fiscal Policy Review of the 2026 Budget to Parliament on Thursday, July 23, 2026, Dr. Forson said government is undertaking a strategic realignment of expenditures within the existing appropriations instead of seeking additional funds. *"Right Honourable Speaker, however we are undertaking a strategic realignment of expenditures within the existing appropriations,"* he stated. The Finance Minister said government affirms the following macroeconomic targets for 2026: Overall GDP growth: At least 4.8 percent Non-oil real GDP growth:At least 4.9 percent End-year inflation 8 percent plus or minus 2 percent Primary surplus: 1.5 percent of GDP on commitment basis Gross internation
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Published on 23/07/2026 17:28
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*GOVERNMENT AFFIRMS 2026 MACROECONOMIC TARGETS, RULES OUT SUPPLEMENTARY BUDGET*

 

The Minister for Finance, Dr. Cassiel Ato Forson, has affirmed government’s commitment to its 2026 macroeconomic targets and announced that there will be no supplementary budget for the 2026 financial year.

 

Presenting the Mid-Year Fiscal Policy Review of the 2026 Budget to Parliament on Thursday, July 23, 2026, Dr. Forson said government is undertaking a strategic realignment of expenditures within the existing appropriations instead of seeking additional funds.

 

*"Right Honourable Speaker, however we are undertaking a strategic realignment of expenditures within the existing appropriations,"* he stated.

 

The Finance Minister said government affirms the following macroeconomic targets for 2026:

Overall GDP growth: At least 4.8 percent

Non-oil real GDP growth:At least 4.9 percent  

End-year inflation 8 percent plus or minus 2 percent

Primary surplus: 1.5 percent of GDP on commitment basis

Gross international reserves: Sufficient to cover not less than 3 months of import

 

Dr. Forson said the Mid-Year Review goes beyond fulfilling a statutory obligation.

 

"Mr Speaker, beyond fulfilling a statutory obligation these statements tell the story of where Ghana stood. Where Ghana stands today and where Ghana is headed," he told the House.

 

Report filed by PKB

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