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Ato Forson Details Billions in Government Spending, Rejects Claims of Weak Economic Injection

Finance Minister Dr. Cassiel Ato Forson has outlined billions of cedis in government spending across key sectors, rejecting claims that the government is failing to inject sufficient resources into the economy.

The disclosure comes amid criticism from the opposition New Patriotic Party (NPP), which has argued that the government’s fiscal policies have yet to translate into meaningful economic relief for households and businesses despite improving macroeconomic indicators.

Presenting the 2026 Mid-Year Budget Review in Parliament on Thursday, July 23, Dr. Forson said the government had maintained prudent fiscal management while ensuring substantial investments in critical sectors to support economic recovery and national development.

“In the spirit of transparency and accountability, allow me to lay before this House a clear account of some of the expenditure we have made so far in support of government programmes across sectors approved in the 2026 Budget,” he told Parliament.

According to the Finance Minister, government expenditure has covered public sector compensation, debt servicing, healthcare, education, infrastructure, agriculture, energy and social protection programmes, demonstrating its commitment to responsible spending.

Some of the major expenditures announced include:

Sector/ProgrammeAmount Paid
Compensation of public sector workers (including SSNIT and Tier 2 contributions)GH¢48.8 billion
Domestic debt interest paymentsGH¢21.5 billion
Eurobond debt service and interestUS$700 million
Payments to domestic bondholdersGH¢10 billion
Capital expenditureGH¢11.5 billion
Big Push Infrastructure ProgrammeGH¢6.5 billion
Energy sectorGH¢7.1 billion
General government goods and servicesGH¢7.9 billion
National Health Insurance Scheme (NHIS)GH¢4.5 billion
District Assemblies Common Fund (DACF)GH¢4.4 billion
GETFundGH¢4.2 billion
Clearance of legacy arrearsGH¢5.3 billion
Free Secondary Education ProgrammeGH¢1.8 billion
Road Maintenance Trust FundGH¢1.7 billion
MahamaCaresGH¢1.1 billion
Ministry of Food and Agriculture flagship programmesGH¢1.1 billion

Other allocations included GH¢915 million for goods and services under the Ministry of Education, GH¢877 million for the Ghana School Feeding Programme, GH¢551 million for Farmer Service Centres, GH¢537 million for the No Fees Stress Policy, GH¢485 million for LEAP beneficiaries, GH¢477.4 million for IRECOP, GH¢459 million for the Youth Employment Agency, and GH¢58 million to support Ghana’s participation in the 2026 FIFA World Cup.

Additional payments comprised GH¢144 million for Nursing Trainee Allowances, GH¢104 million for Teacher Trainee Allowances, GH¢93 million for Assembly Members’ Allowances, GH¢76 million for the Capitation Grant, GH¢46 million for BECE registration support, GH¢45 million for the National Apprenticeship Programme, and GH¢16 million for the National Anti-Illegal Mining Operations Secretariat (NAIMOS).

Dr. Forson said the expenditure profile demonstrates that the government is not only maintaining fiscal discipline but also directing resources toward programmes that support economic recovery, strengthen public services and protect vulnerable Ghanaians

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