Minister of Finance, Dr Cassiel Ato Forson, says Ghana’s economy has been restored following decisive policy choices made in 2025, which have helped to restore macroeconomic stability and rebuild public confidence.
Presenting the 2026 Budget Statement and Economic Policy to Parliament on Thursday, November 13, the Minister said the country’s economic recovery was the result of tough but necessary reforms that had begun to yield positive results.
“Mr Speaker, as we enter 2026, Ghana stands at a defining moment, a moment of renewed confidence, resilience, and ambition.
“The choices we made in 2025 have restored macroeconomic stability, rebuilt trust in our fiscal institutions, and rekindled the hope of our people.”
He added that the focus of the 2026 Budget was to convert that stability into lasting progress that could be felt by every Ghanaian.
“The task before us now is to turn that stability into sustained progress and to make growth felt in every home, every community, and every enterprise,” Dr Forson stated.
According to him, the 2026 Budget marks “the next phase of national renewal” and outlines a practical plan to consolidate gains, accelerate transformation, and secure prosperity for all Ghanaians.
“It is the next chapter in building The Ghana We Want, a nation that works around the clock, creates opportunities for all, and protects the dignity and dreams of every citizen,” he said.
Dr Forson highlighted three key priorities that would guide government policy in 2026 and over the medium term.
First, he said the government would consolidate macroeconomic stability through strict fiscal discipline, improved revenue mobilisation, and responsible borrowing to ensure debt sustainability.
“We are determined to sustain single-digit inflation and ensure exchange rate stability to preserve the stability we have worked hard to achieve,” he assured.
Second, the government would accelerate economic transformation and job creation, driven by investments in energy, commercial agriculture, agribusiness, and road infrastructure, alongside flagship initiatives such as the 24-Hour Economy, the Accelerated Export Development Programme, and comprehensive land and natural resource reforms.
The third priority, Dr Forson said, was to strengthen the security and social sectors to promote inclusive growth.
He announced that the government would retool the security services, modernise education, expand access to healthcare, extend electricity to all communities, and improve access to clean water while protecting the poor and vulnerable.
He said that the 2026 Budget builds on the stability achieved in 2025 and channels it into meaningful action that delivers real benefits for citizens.
“This Budget builds on the stability of 2025 and channels it into action that delivers more jobs, better infrastructure, stronger industries, and better public services.”
Dr Forson said the 2026 fiscal plan represents a shift from recovery to transformation.
“The Budget moves Ghana from recovery to transformation and from promise to progress,” he said..
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Source link
