Audio By Carbonatix
The Minister of Finance, Dr Cassiel Ato Forson, presented the 2026 Mid-Year Budget Review to Parliament on Thursday, July 23, highlighting what he described as strong signs of economic recovery under the Mahama administration.
According to the Finance Minister, Ghana's economy is on a steady path to recovery, with key macroeconomic indicators showing significant improvement.
He said the Ghana cedi has stabilised and attributed the country's improving economic performance to what he called "superior economic management", insisting that the recovery is the result of deliberate policy decisions rather than luck or external support.
Dr Forson also announced that the policy rate has fallen to 14 per cent, a development he said is creating a more favourable environment for businesses. According to him, lower interest rates will enable investors and businesses to borrow more affordably, expand their operations and create jobs.
He said that the government's economic reforms are beginning to yield results and assured Ghanaians that "Ghana is not going back under President Mahama," but is instead "moving forward steadily."
Read the full Budget Statement below
Latest Stories
-
NPP Loyal Ladies pay courtesy call on Commonwealth Secretary-General
6 minutes -
The honeymoon is over – Amin Adam accuses gov’t of losing public goodwill over economic realities
10 minutes -
Bring Ofori-Atta back to account for Ghana’s debt – Majority Leader tells Minority
17 minutes -
Amin Adam describes 2026 Budget as ‘bones without meat’, accuses gov’t of failing Ghanaians
20 minutes -
Bella Agyeman’s film screens at New York festival
28 minutes -
Houthi attacks raise fears of wider Middle East conflict and more global economic damage
32 minutes -
Ukraine’s ousted defence minister insists on being reinstated
32 minutes -
We’ve strengthened global partnerships to tackle illegal fishing , declining fish stocks—Fisheries Minister
34 minutes -
You are on the way to opposition in 2028 – Afenyo-Markin tells NDC
43 minutes -
Nkoko Nkitinkiti has now become protein for NDC executives – Afenyo-Markin
45 minutes -
Ras Kuuku marks birthday with inspirational new single
46 minutes -
Stop threatening NPP MPs with prosecution, you will be in opposition in 2028 – Afenyo-Markin warns AG
52 minutes -
Gov’t to introduce new COCOBOD Bill, guarantees cocoa farmers 70% of FOB price
55 minutes -
Imprison all NPP MPs, we will still hold you accountable – Afenyo-Markin to government
59 minutes -
I couldn’t watch the FIFA World Cup halftime show although my design was featured – Hashim
1 hour