The 2026 Budget presented by Finance Minister Dr. Ato Forson also emphasizes Ghana’s economic recovery and its positive impact on households and businesses. Real GDP growth for the first half of 2025 reached 6.3 percent, with non-oil GDP surging to 7.8 percent, driven by services and agriculture.
The services sector alone expanded by 8.8 percent, with ICT growing 17.2 percent, finance and insurance 9.5 percent, and education 14.9 percent.
Inflation fell from 23.8 percent in December 2024 to 8 percent in October 2025, marking Ghana’s return to single-digit inflation for the first time in four years.
This improvement is credited to better food supply, exchange rate stability, and tight fiscal and monetary coordination. Exports also grew by 11.5 percent, supported by record-high gold and cocoa output.
Dr. Forson said, “Our recovery is gaining traction, with households benefiting from improved disposable incomes, lower inflation, and renewed investor confidence.”
He stressed that fiscal discipline and targeted social interventions will sustain growth, create jobs, and strengthen resilience across the economy.
