GOVERNMENT AFFIRMS 2026 MACROECONOMIC TARGETS, RULES OUT SUPPLEMENTARY BUDGET

The Minister for Finance, *Dr. Cassiel Ato Forson*, has affirmed government’s commitment to its 2026 macroeconomic targets and announced that there will be no supplementary budget for the 2026 financial year.

Presenting the *Mid-Year Fiscal Policy Review of the 2026 Budget* to Parliament on Thursday, July 23, 2026, Dr. Forson said government is undertaking a strategic realignment of expenditures within the existing appropriations instead of seeking additional funds.

*"Right Honourable Speaker, however we are undertaking a strategic realignment of expenditures within the existing appropriations,"* he stated.

The Finance Minister said government affirms the following macroeconomic targets for 2026:

- *Overall GDP growth*: At least 4.8 percent

- *Non-oil real GDP growth*: At least 4.9 percent

- *End-year inflation*: 8 percent plus or minus 2 percent

- *Primary surplus*: 1.5 percent of GDP on commitment basis

- *Gross international reserves*: Sufficient to cover not less than 3 months of import

Dr. Forson said the Mid-Year Review goes beyond fulfilling a statutory obligation.

*"Mr Speaker, beyond fulfilling a statutory obligation these statements tell the story of where Ghana stood. Where Ghana stands today and where Ghana is headed,"* he told the House.