Improving economic conditions are setting the stage for a critical test of the 2027 Budget, as government seeks to convert stronger growth, lower inflation and improved fiscal stability into productive investment, sustainable employment and greater financial security for households.
Ghana has passed its first test since leaving IMF financing behind. On 4 November 2026, an IMF staff team led by Mr Ruben Atoyan reached a staff-level agreement with the authorities on the first review of Ghana’s 36-month Policy Coordination Instrument (PCI).
The International Monetary Fund (IMF) has backed Ghana’s 2027 fiscal strategy targetting a 0.5 percent of gross domestic product (GDP) primary surplus, while urging tighter spending controls to protect debt sustainability and preserve room for job creation and infrastructure investment.
Finance Minister Dr Cassiel Ato Forson has said Ghana’s economic progress must translate into greater financial security for its people, describing household wellbeing as a key goal of the New Economy.
The International Monetary Fund (IMF) has reached a staff-level agreement with Ghana on the first review of its 36-month economic reform programme, supported by the Fund’s non-financing Policy Coordination Instrument (PCI).
Rising transport and housing costs pushed Ghana’s year-on-year inflation rate to 5.5 percent in October, up from 5.2 percent in September as price pressures intensified for a third consecutive month, Ghana Statistical Service (GSS) has said.
Africa’s more than US$600 billion in pension assets could play a greater role in financing small and medium-sized enterprises (SMEs), infrastructure and climate solutions if investors, regulators and policymakers address the structural barriers limiting domestic investment.
Get the latest economy news delivered to your inbox.
