Budget Statements

The government has earmarked GH¢600 million for the construction of 10 regional stadia as part of efforts to strengthen sporting infrastructure and expand access to modern sports facilities across the country. Finance Minister Dr. Cassiel Ato Forson announced the allocation while presenting the 2027 Budget Statement and Economic Policy to Parliament on Thursday, November 12, 2026. He disclosed that the …

The government has announced plans to merge the Minerals Income Investment Fund (MIIF) and the Ghana Infrastructure Investment Fund (GIIF) to establish a Ghana Sovereign Wealth Fund aimed at improving investment coordination and financing major development projects. Finance Minister Dr. Cassiel Ato Forson announced the proposed merger while presenting the 2027 Budget Statement and Economic Policy, dubbed The New Economy, …

Finance Minister Hon. Cassiel Ato Forson has announced plans by the government to waive import duties and Value Added Tax (VAT) on solar panels and batteries to make renewable energy systems more affordable. Presenting the 2027 Budget Statement and Economic Policy to Parliament, he explained that the proposed tax exemptions are intended to lower the cost of adopting renewable energy …

The Minister for Finance, Hon. Cassiel Ato Baah Forson, has announced plans by the government to invest US$10 billion over four years, from 2027 to 2030, to build a modern Ghanaian economy anchored on eight interconnected pillars. Presenting the 2027 Budget Statement and Economic Policy to Parliament, he explained that the investment would focus on transforming key sectors of the …

Finance Minister Dr Cassiel Ato Forson has announced plans to train more than 2,000 scientists as part of efforts to develop local expertise to support Ghana’s transition to safe and reliable nuclear power. The initiative forms part of a comprehensive nuclear-readiness programme designed to prepare the country for the establishment of a fully state-owned nuclear power plant. Presenting the 2027 …

Ghana has secured a favourable outcome in an international tax arbitration dispute with Tullow Ghana Limited, after an International Chamber of Commerce (ICC) Tribunal dismissed the oil producer’s claims and upheld a US$393.09 million tax assessment issued by the Ghana Revenue Authority (GRA).The decision was delivered on Tuesday, September 29, 2026, by a tribunal constituted under the ICC Rules of …

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. …

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 …

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 …

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 …