News:
November 13, 2025
The government has projected to mobile GH¢268.1 billion, in revenue and grants for 2026 fiscal year.
The Finance Minister, Dr. Cassiel Ato Forson presenting the 2026 Budget Statement and Economic Policy to parliament on Thursday, November 13, 2025, said the projection is an increase of the 2025 figure of GH¢226.5 billion in 2025.
This, he said, represents a strong revenue performance supported by new non-oil tax policy measures expected to yield at least 0.6 percent of GDP.
He said Non-Oil Tax Revenue, which accounts for about 80.6 percent of total revenue, is projected at GH¢216.1 billion, reflecting a robust 18.8 percent annual growth.
“Mr. Speaker, Non-Tax Revenue (non-oil) is estimated at GH¢20.9 billion, representing about 7.8 percent of domestic revenue. Of this amount, GH¢18.2 billion will be retained by MDAs to support operations, while GH¢2.8 billion will be lodged into the Consolidated Fund. The IGF Capping Policy is expected to yield an additional GH¢329.6 million to the budget.”
Additionally, the finance minister stated that oil and gas receipts are projected at GH¢13.6 billion, driven by improved efficiency across producing fields and steady global oil prices.
Other Revenue, including SSNIT transfers to the National Health Insurance Levy and Energy Sector Levies (ESL), is expected to amount to GH¢14.4 billion.
Grants from Development Partners are projected at GH¢3.1 billion, equivalent to 1.1 percent of total revenue and grants. The expected disbursements from grants are entirely project-related to support key development initiatives in line with government priorities., he stated.
Ghanamps.com