Updates: 2026 Budget Presentation

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Updates: 2026 Budget Presentation
Updates: 2026 Budget Presentation

Africa-Press – Ghana. VAT rate to be reduced to 20 per cent in 202.”“Compensation of employees is projected at GHc90.3 billion, ensuring fair remuneration for public servants.”

“Total expenditure expected to be 302.5 billion.”

“Capital expenditure will rise to GHS 57.5 billion.”

“In 2026, the government expects to collect GHS 268.1 billion in tax revenue.”

“Revenue and grants are projected to rise from 16.4 per cent of GDP in 2025 to 16.9 per cent in 2026, reaching 17 per cent in 2029.”

“Ghana’s economic recovery is real, the cedi is gaining momentum: Ghana Cedi appreciated against the US dollar, from GHc16.35 to the US dollar, in November 2024 to GHc10.92 as at 10th November 2025. This represent rare appreciation of 35 per cent.”

“Ghana’s debt has declined from GHS 726.7 billion to GHS 630.2 billion.”

“Special audit: Out of 68 billion, 47.8 billion was validated.”

“About GHS 10.4 billion claims were rejected due to falsified invoices.”

“ECG’s revenue has risen by 90 per cent, from GHS900 million to GHS 1.7 billion per month.”

“Treasury bill rates have fallen, saving 8.8 billion from January to September- Ato Forson.”

“Ghana’s economic transformation must translate into social progress.”

“Allocation to social intervention increased by 0.9 per cent.”

“The removal of the E-Levy did not weaken the economy.”

“Ghana’s inflation has fallen from 23.8% in 2024 to eight per cent by end of October 2025.”

“Food inflation reduced from 28 percent to 9 percent.”

“Government spending slowed to three per cent.”

“Our growth is now powered by local production; Industry held steady despite reduced oil output.”

“Fiscal discipline is the backbone of economic growth.”

“The 2026 budget marks a decisive shift from recovery to transformation, from resilience to productivity and from stability to jobs.”

“We have rekindled investors’ confidence” — Dr. Cassiel Ato Forson

Dr Cassiel Ato-Forson, the Minister of Finance will in the coming days lay before Parliament a bill to repeal the COVID-19 levy.

–Dr Cassiel Ato Forson, the Minister for Finance presents the 2026 Budget to Parliament.

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