The government says it is shifting focus from stabilisation to inclusive growth as key economic indicators show improvement under the John Dramani Mahama administration.
Speaking at a press conference in Accra on Monday, Deputy Finance Minister Thomas Ampem Nyarko said the 2026 budget, set to be presented in November, will prioritise policies that translate recent macroeconomic gains into tangible benefits for ordinary Ghanaians.
According to him, after months of fiscal discipline and targeted reforms, the economy has begun to rebound, with the government recording a primary balance surplus of 1.4% of GDP, reducing the fiscal deficit to 1.5%, and bringing public debt down to 46.8% as of August 2025.
“These achievements are not just statistics — they represent the groundwork for shared prosperity,” Mr. Ampem Nyarko noted. “Our focus now is to ensure that growth is felt in households, markets, and businesses across Ghana.”
He emphasised that the government’s ongoing engagement with international partners has bolstered investor confidence, citing the staff-level agreement with the International Monetary Fund (IMF) under the Extended Credit Facility and a credit rating upgrade by Moody’s as evidence of renewed global trust in Ghana’s economic direction.
Mr. Ampem Nyarko added that the forthcoming budget will consolidate the progress made while expanding investment in social protection, infrastructure, and job creation.
“Our next phase is about deepening resilience — building an economy that not only recovers but works for every Ghanaian,” he said.
The government’s message comes at a time when citizens and businesses are eager to see how the improved macroeconomic outlook will translate into lower living costs and greater employment opportunities.
