Ato Forson to Present Mahama Government’s First Full-Year Budget on November 13

Finance Minister Dr. Cassiel Ato Forson is expected to present the 2026 Budget Statement and Economic Policy to Parliament on Wednesday, November 13, 2025, sources within the Finance Ministry have confirmed.

The proposed date, which awaits formal approval from Parliament, will mark the Mahama administration’s first full-year budget since returning to power in 2025. It is anticipated to be a major fiscal event, setting the tone for the government’s economic direction after nearly a year of navigating global and domestic challenges.

Experts say the 2025 Budget—delivered shortly after the new administration took office—largely operated within the fiscal framework of the previous government. The upcoming 2026 Budget, however, is expected to reflect the Mahama government’s own economic vision and priorities.

As required by the Public Financial Management Act, the Finance Minister must present the national budget to Parliament no later than November 15 each year.

Broad Consultations

The Finance Ministry has concluded extensive stakeholder engagements with industry leaders, civil society groups, and development partners. These discussions helped shape key policy measures and expenditure priorities for the 2026 fiscal plan.

Focus on Jobs and Growth

Dr. Forson has hinted that the budget will focus on job creation, productivity, and innovation, with targeted investments in sectors that can drive youth employment.

The document is also expected to introduce a comprehensive tax reform aimed at expanding the revenue base while easing the tax burden on households and businesses.

Preparing for a Post-IMF Economy

With Ghana expected to exit the IMF programme by May 2026, the budget will be closely scrutinised for its post-programme economic strategy. Analysts will be watching how the government balances fiscal discipline with growth and stability.

Deficit Management and Infrastructure

Managing the fiscal deficit, debt servicing, and funding for social and infrastructure projects will also be a key highlight.

As anticipation grows, investors, businesses, and development partners await what could be the defining economic roadmap of the Mahama administration’s second year in office.