The Ministry of Finance will this week begin public consultations to help shape Ghana’s 2026–2029 Budget and Economic Policy.
The process invites input from business groups, financial institutions, civil society, and the general public, with a focus on building a more inclusive and job-driven economic agenda.
The 2026 budget, scheduled to be presented to Parliament on November 15, 2025, is expected to prioritise job creation and private sector-led growth, a shift the government says reflects both public feedback and recent World Bank recommendations.
The Ministry emphasised that stakeholder submissions from previous years have had a direct impact on budget decisions, and that this year’s process will be no different.
The Ghana Union of Traders Association (GUTA), one of the key stakeholders, has already indicated it will advocate for lower commercial lending and tax rates to ease the cost of doing business.
GUTA’s Public Relations Officer, Joseph Paddy, argued that although inflation and the Bank of Ghana’s policy rate have declined, interest rates remain stubbornly high, posing a continued challenge for businesses.
The Ministry maintains that meaningful stakeholder engagement is vital to crafting a sustainable, job-focused economic plan and is encouraging broad participation in the hearings.
