Ghana Targets Stronger Growth in 2026 as Recovery Gains Momentum -

Ghana has returned to a primary fiscal surplus for the first time in recent years, signalling a major turnaround in the country’s economic management, Finance Minister Cassiel Ato Forson has announced.

Speaking at an investor town hall organised by the Ministry of Finance, Ghana, the Minister said the achievement reflects the success of ongoing fiscal consolidation efforts aimed at restoring macroeconomic stability.

He noted that the country’s improving fiscal position is being reinforced by a sharp decline in inflation to 3.3 percent and a steady rebound in economic growth.

Mr. Forson said Ghana’s recovery has also been strengthened by progress made under the Domestic Debt Exchange Programme, which has helped ease debt pressures and restore confidence among investors.

According to him, the government has met key benchmarks under its programme with the International Monetary Fund, while maintaining its commitment to honour all debt obligations.

He stressed that sustaining the gains will depend on continued fiscal discipline, prudent debt management, and stronger transparency within the domestic bond market.

The Minister added that government is implementing measures to ensure long-term debt sustainability, including building financial buffers and restructuring debt maturities to reduce risks.

The return to a primary surplus marks a critical milestone in Ghana’s economic recovery, reinforcing confidence that the country is gradually regaining control of its fiscal position after a period of severe economic strain.