ICEDEG Africa presents recommendations to Finance Ministry ahead of 2026 Mid-Year Budget Review
The Iustum Center for Democracy and Governance (ICEDEG Africa LBG) has presented a set of policy recommendations to the Ministry of Finance ahead of the 2026 Mid-Year Budget Review, scheduled to be presented to Parliament on Thursday, July 23, 2026, by the Minister for Finance, Dr. Cassiel Ato Forson. The recommendatio...
TheIustum Center for Democracy and Governance (ICEDEG Africa LBG) has presented a set of policy recommendations to the Ministry of Finance ahead of the 2026 Mid-Year Budget Review, scheduled to be presented to Parliament on Thursday, July 23, 2026, by the Minister for Finance, Dr. Cassiel Ato Forson.
The recommendations were submitted by Ellen Ofosu Asieduaa, Executive Secretary of ICEDEG Africa, as part of the think tank’s contribution to evidence-based policymaking and enhanced stakeholder participation in Ghana’s fiscal governance.
The proposals followed the ICEDEG Africa Maiden Policy Dialogue Roundtable held on Friday, June 19, 2026, under the theme: “Economic Confidence and Fiscal Expectations: Stakeholder Perspectives Ahead of Ghana’s 2026 Mid-Year Budget Review.”
The dialogue brought together representatives from business and industry associations, consumer advocacy groups, trade unions, academia, civil society organisations, the media, and financial and economic analysts.
The “Two Ghanas” Paradox
In a communiqué submitted to the Ministry of Finance, participants acknowledged improvements in Ghana’s macroeconomic stability but noted that many households and businesses continue to face high living costs, elevated production expenses, and limited economic relief.
The dialogue described the situation as the “Two Ghanas” paradox, where positive macroeconomic indicators have yet to translate into tangible improvements in the daily lives of many citizens.
Among the key recommendations are the introduction of Diaspora Investment Bonds to finance community-level infrastructure projects and the establishment of a dedicated Climate Budgeting Line to support renewable energy initiatives.
The communiqué also called for the timely release of statutory funds, including the Human Trafficking Fund.
Participants further recommended increased investment in local agricultural engineering and agro-industrial parks to promote value addition and strengthen Ghana’s industrial and agricultural sectors.
The group also called for enhanced support for the media through improved funding for the National Media Commission, as well as a review of taxes and other restrictions affecting media advertising.
ICEDEG Africa expressed the hope that the recommendations would receive favourable consideration and contribute to a Mid-Year Budget Review that responds to the practical needs of households, businesses, and the wider economy while laying the foundation for sustainable and inclusive economic growth.
John Attafuah reporting