Ghana’s Finance Minister, Dr. Cassiel Ato Forson, is set to present the 2026 Budget Statement and Economic Policy to Parliament on November 13, 2025. The budget is expected to outline key fiscal measures for stabilizing the economy, advancing debt restructuring efforts, and accelerating growth under the IMF-supported reform program. Economic analysts anticipate major announcements on tax policy, infrastructure spending, and job creation initiatives.

The Freight Forwarders and Border Agents Association of Ghana (FABAG) has attributed the growing trend of goods smuggling to Ghana’s high import duty rates. The group warns that the country is losing significant revenue as traders divert shipments to neighboring ports with lower tariffs. FABAG is calling on the government to review its import tax structure to make Ghana’s ports more competitive and curb the surge in illegal trade activities.

The Bank of Ghana is partnering with the World Bank, Afreximbank, and Development Bank Ghana to expand credit access and align its financial infrastructure with the Pan-African Payment and Settlement System. Reforms include FX market modernization, NOP limit revision, and ISO 20022 upgrades.

Bank of Ghana Governor Dr. Johnson Asiama says digital finance is redefining banking in Ghana, with mobile money transactions surpassing GHS 300 billion in 2024. He calls for ethical AI use, strong cybersecurity, and open banking standards to build a trusted financial ecosystem.

The Ghana cedi is poised for its first annual appreciation since 2007, up 36% year-to-date. Bank of Ghana auction data shows stable 56-day bill yields averaging 21.42%, reflecting investor confidence and monetary stability.

The IMF and Moody’s have reaffirmed confidence in Ghana’s economic reforms, citing stronger growth, reduced debt, and fiscal stability. Analysts urge continued vigilance amid external and structural challenges.