
Audio By Carbonatix
Some Ghanaians in Accra's Central Business District have expressed mixed expectations ahead of the presentation of the 2026 Mid-Year Budget Review, with some saying they are beginning to experience signs of economic improvement while others insist the gains have yet to translate into lower prices and improved livelihoods.
Speaking to JoyNews' Michelle Lartey ahead of Finance Minister Dr Cassiel Ato Forson's budget presentation on Thursday, July 23, some traders said they were looking to the government to introduce measures that would ease the cost of doing business and reduce the prices of goods.
Some traders acknowledged that recent economic indicators suggest the economy is stabilising and urged the government to sustain the reforms that have contributed to the progress.
Others, however, said they were yet to feel any meaningful change in their day-to-day activities, arguing that the high cost of living continues to put pressure on businesses and households.
The traders also called on the government to simplify the presentation of economic policies and budget figures to enable ordinary Ghanaians to better understand how the measures affect their lives.
One trader said her biggest expectation is a reduction in market prices following the budget announcement.
"I'm hoping that the prices of goods in the market will reduce after the budget is read. Things should become a bit more affordable for us because prices are still increasing," she said.
Another shopper said, "Some people are raising prices on their own, so if the government can do its best to ensure there's some reduction in the market, it will be okay for us."
Another added, "I want the government to do better because if I come to the market with GH¢1,000, I want to be able to buy many of the things I need. Right now, the items I'm carrying cost almost GH¢1,200," she lamented.
The views reflect the broader expectations of many Ghanaians, who will be watching closely to see whether the Mid-Year Budget Review outlines measures capable of easing the cost of living while sustaining the country's recent economic recovery.
Latest Stories
-
BoG to sell remaining stakes in ADB, NIB – Dr. Asiama
5 minutes -
Ghana, Netherlands deepen security cooperation to combat organised crime and drug trafficking
7 minutes -
JoyNews to hold Digital Economy to tackle Ghana’s growing digital trust crisis
13 minutes -
Africa must fund its own health systems to achieve universal healthcare – African Union Commissioner for Health
14 minutes -
UNFPA Ghana, Prudential Life Insurance graduate 25 former head porters in painting and tiling skills
15 minutes -
BoG Governor assures Ghana’s foreign reserves remain strong despite decline
22 minutes -
BoG to engage industry actors in operationalising virtual asset law
26 minutes -
Cedi depreciates 9.5% against dollar in interbank market
36 minutes -
Transparency International flags implementation gap in Ghana’s defence accountability systems
43 minutes -
MPC keeps policy rate at 14%, cites inflation risks due to Middle East tensions
55 minutes -
90 million Africans living with hepatitis B, C undiagnosed – Mahama
58 minutes -
Mid-Year Budget must prioritise markets for local produce to avert food inflation – Rice Producers
58 minutes -
Guinness Ghana’s Dinah Asabea Darko named Marketing Manager of the Year at 5th National FMCG Summit and Awards
1 hour -
GPHA kickstarts 40th anniversary celebration with health and awareness walks
1 hour -
Police station opens at Hitler’s birthplace in bid to rid site of Nazi link
1 hour