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Finance ministry confident 2026 budget will consolidate Ghana’s economic gains

Kumasi Mail by Kumasi Mail
November 16, 2025
in Business
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The Ministry of Finance says it is confident that the 2026 Budget Statement and Economic Policy will help consolidate the economic progress Ghana has recorded in recent months and translate it into long-term prosperity for citizens.

Deputy Finance Minister Thomas Nyarko Ampem, addressing Members of Parliament at a Post-Budget Workshop in Accra, urged lawmakers on both sides of the House to support the approval of the budget.

He said the document focuses on expanding job creation, upgrading infrastructure, strengthening industries, and improving public services.

According to the Deputy Minister, the 2026 Budget builds on the economic stability achieved in 2025 and is structured to channel that momentum into tangible development outcomes.

“Our request for approval is driven by the progress made over the past 10 months, including GDP growth increasing from 5.3% in 2024 to 6.3% in the first half of 2025, driven by strong performance in services, agriculture, and construction,” he told MPs.

Mr. Nyarko Ampem said measures approved by Parliament earlier in the year are already yielding results for businesses and households.

He emphasized the government’s commitment to sustaining economic growth and ensuring that recent stability leads to broader national prosperity.

“The rally call is for government to turn this new stability into prosperity, and this budget seeks to do exactly that,” he added.

The 2026 Budget is expected to be debated in Parliament in the coming days.

watch the video below…

Source: www.kumasimail.com

Tags: 2026 Budget StatementPost-Budget WorkshopThomas Nyarko Ampemtopstory
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