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Saturday, November 15, 2025

What the 2026 budget means for Ghana’s future

Alban Bagbin is the Speaker of Parliament Alban Bagbin is the Speaker of Parliament

Speaker of Parliament, Alban Bagbin, has established that the 2026 budget must be a key tool for transforming Ghana’s economy and reducing dependence on external support.

Speaking at a Post-Budget Workshop in Accra on Saturday,November 15,, 20255, he described the budget as a roadmap for self-reliance and long-term growth.

“A common refrain echoes across Africa: ‘Africa is not poor, it is poorly managed, and the budget is the clearest expression of that management.’ At this pivotal moment, our budget must serve as a primary instrument for transforming Ghana’s economic paradigm,” Bagbin said.

He noted that the policies in the budget should focus on building a resilient, domestically driven economy.

“The policies contained in this budget must steer us away from dependency towards a resilient, domestically driven economy. Honorable members, data tells a clear and urgent story. Reform cannot wait,” Bagbin said.

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The 2026 budget outlines measures to strengthen local industries, increase revenue mobilization, create jobs, invest in infrastructure and social services, and promote innovation and private sector growth.

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