Gov’t to halve fiscal anchor to 0.5% of GDP from 2027
Economy

Gov’t to halve fiscal anchor to 0.5% of GDP from 2027

… with increased CAPEX targetted

Ebenezer Chike Adjei NJOKU
Published July 24, 20265 min read

Government will amend the Public Financial Management (Amendment) Act, 2025 (Act 1136) to reduce the statutory primary balance floor from 1.5 percent of Gross Domestic Product (GDP) to 0.5 percent from 2027, Finance Minister Dr. Cassiel Ato Forson told parliament yesterday in the 2026 Mid-Year Fiscal Policy Review.

Published by Juliet Etefe
50 views

Comment guidelines

Please keep comments respectful. Use plain English for our global readership and avoid using phrasing that could be misinterpreted as offensive. By commenting, you agree to abide by our community guidelines and these terms and conditions. We encourage you to report inappropriate comments.

All Comments0

No comments yet. Be the first to share your thoughts.

Related Coverage: Economy

Growth slows to 5.1% in May
Economy

Growth slows to 5.1% in May

Ghana’s economic growth slowed to 5.1 percent year-on-year in May 2026, as a sharp moderation in agriculture offset continued strength in services and industry's modest expansion.

Boost productive-sector lending - BoG
Banking & Finance

Boost productive-sector lending - BoG

The Bank of Ghana (BoG) has urged banks to translate easing financial conditions and stronger credit growth into increased financing for productive sectors, particularly small- and medium-sized enterprises and agricultural value chains.

Nearly half of SDIs insolvent
Business and Markets

Nearly half of SDIs insolvent

The specialised deposit-taking institutions (SDIs) remain the financial system’s weakest link, with nearly half insolvent, prompting the International Monetary Fund (IMF) to demand faster reforms to contain financial stability risks and limit future fiscal costs.