Ghana is expected to officially complete its International Monetary Fund (IMF) Extended Credit Facility (ECF) programme next week, pending approval of the country’s final review by the IMF Executive Board. The expected milestone follows what the government says has been significant progress in restoring macroeconomic stability, with improvements in inflation, economic growth, debt sustainability, exchange rate stability and fiscal performance. …
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Mid Year Budget Review: GH¢400m Set Aside to Expand Metro Mass, STC Bus Fleets
The government has earmarked GH¢400 million for the acquisition of high-capacity buses to strengthen Ghana’s public transport system and improve commuter services across the country. Finance Minister Dr. Cassiel Ato Forson announced the allocation while presenting the 2026 Mid-Year Budget Review in Parliament on Thursday, July 23. He said the funds will be used to expand the fleets of state-owned …
Read More »Government Begins Work on 87 Projects Under Big Push Infrastructure – Ato Forson
Finance Minister Dr. Cassiel Ato Forson has announced that work has commenced on 87 projects under the government’s flagship Big Push Infrastructure Programme, describing it as one of the country’s most ambitious investments in transport infrastructure in recent years. Presenting the 2026 Mid-Year Budget Review in Parliament on Thursday, July 23, Dr. Ato Forson said the programme is being rolled …
Read More »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 …
Read More »Mid Year Budget Review: Government to Build 10 New Secondary Schools Under US$300m Education Project
The government will construct 10 new secondary schools and rehabilitate 150 existing schools under a US$300 million World Bank-funded initiative aimed at expanding infrastructure and improving the quality of secondary education across Ghana, Finance Minister Dr. Cassiel Ato Forson has announced. Presenting the 2026 Mid-Year Budget Review in Parliament on Thursday, July 23, Dr. Ato Forson said the investment forms …
Read More »Government to Introduce Maximum Warehousing Periods to Curb Customs Abuse
The government will introduce statutory time limits for goods kept in bonded warehouses as part of efforts to curb abuse of the warehousing system, improve customs administration and boost domestic revenue collection, Finance Minister Dr. Cassiel Ato Forson has announced. Presenting the 2026 Mid-Year Budget Review in Parliament on Thursday, July 23, Dr. Ato Forson said the reforms are intended …
Read More »Mid-Year Budget: Ghana Records Stronger-Than-Expected Economic Performance
Finance Minister Dr. Cassiel Ato Forson has announced that Ghana outperformed several of its major macroeconomic targets during the first half of 2026, attributing the gains to the government’s fiscal reforms and economic management policies. Presenting the 2026 Mid-Year Budget Review in Parliament on Thursday, July 23, Dr. Ato Forson said the country’s first-quarter economic performance reflected broad-based improvements in …
Read More »Government Confirms GH¢10.8bn DDEP Coupon Payment Due August 18
Finance Minister Dr Cassiel Ato Forson has assured bondholders that the government will honour its next GH¢10.8 billion payment under the Domestic Debt Exchange Programme (DDEP) on August 18, 2026, saying the obligation will be settled on time and in full. Presenting the 2026 Mid-Year Budget Review in Parliament on Thursday, July 23, Dr Forson said the payment reflects the …
Read More »“Ghana Is Not Going Back” – Ato Forson Says Economy Has Turned the Corner
Finance Minister Dr Cassiel Ato Forson has declared that Ghana will not return to the economic difficulties that led the country to seek international support, insisting that government reforms have restored stability and placed the economy on a stronger footing. Presenting the 2026 Mid-Year Budget Review in Parliament on Thursday, July 23, Dr Forson said fiscal discipline had been re-established, …
Read More »2027 Budget to Fund Permanent Flood Control Measures for Accra, Other High-Risk Areas – Ato Forson
The government will allocate funding in the 2027 national budget to implement a long-term solution to the persistent flooding that affects Accra and other flood-prone communities across the country, Finance Minister Dr. Cassiel Ato Forson has announced. Presenting the 2026 Mid-Year Budget Review in Parliament on Thursday, July 23, Dr. Ato Forson said the move forms part of the government’s …
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