Finance Minister to present 2026 Mid-Year Budget Review on July 23

The announcement was made by Deputy Majority Leader Kweku Ricketts-Hagan on the floor of Parliament on Tuesday, July 14, during the presentation of the Business Statement for the coming parliamentary week.

Addressing the House, Mr. Ricketts-Hagan said the Finance Minister is expected to appear before Parliament on the scheduled date, although the format of the presentation remains at the Minister's discretion.

“On the issue of the 2026 Mid-Year Budget Review, the date is Thursday, July 23; that is when the Finance Minister will come here to present the Mid-Year Review. As to whether a statement or what have you, that is in the hands of the Finance Minister and I cannot pre-empt that,” he stated.

The Mid-Year Budget Review is expected to provide an update on the implementation of the 2026 Budget, assess Ghana's economic performance during the first half of the year, and outline any proposed fiscal policy adjustments for the remainder of the year.

The presentation is anticipated to come after Cabinet meetings and a briefing on the policy recommendations in the review by the Finance Minister to President John Dramani Mahama.

The mid-year announcement is anticipated to include the government's objectives for maintaining the nation's economic recovery, bolstering public finances, and boosting private sector-led growth during the second half of the year, in addition to evaluating the implementation of the 2026 Budget.

Additionally, while retaining fiscal restraint under current economic reforms, the government is anticipated to use the review to signify a change from economic stabilization to a growth-driven agenda centered on job creation, increased productivity, and higher economic resilience.

A key component of the presentation is expected to be an update on Ghana's engagement with the International Monetary Fund (IMF), including the successful completion of the country's Extended Credit Facility (ECF) programme and preparations to transition to the IMF's Policy Coordination Instrument (PCI), which is expected to guide Ghana's macroeconomic policy framework after the bailout programme ends.