Richmond Akpah Expresses Confidence in Ato Forson’s 2026 Primary Surplus Target

Finance and Economic Policy Analyst Richmond Mawunyo Akpah has expressed confidence in Finance Minister Dr Cassiel Ato Forson’s ability to achieve Ghana’s projected primary budget surplus target of 1.5% for 2026.

Speaking ahead of the 2027 Budget presentation, Akpah pointed to the government’s reported fiscal performance in 2025, when it achieved a primary surplus of 2.5%, arguing that the previous outcome provides grounds for confidence in the next target.

According to the analyst, the projected 1.5% primary surplus for 2026 is achievable, particularly considering the fiscal performance recorded under Ato Forson’s leadership.

A primary surplus occurs when a government’s revenue exceeds its expenditure, excluding interest payments on public debt. It is an important indicator used to assess the government’s ability to manage its finances and meet its debt obligations.

Akpah’s comments come at a time when attention is shifting towards the government’s financial plans and economic priorities for 2027.

The upcoming budget presentation is expected to provide further details about the government’s revenue mobilisation strategies, expenditure plans, debt management measures and broader economic policies.

His assessment suggests that maintaining fiscal discipline and sustaining the gains recorded in 2025 will be important in achieving the 2026 target.

However, meeting the projected surplus will depend on the government’s ability to manage public spending, improve revenue collection and maintain the necessary fiscal controls.

Akpah’s confidence in the Finance Minister’s fiscal approach adds to discussions surrounding Ghana’s economic outlook as businesses, investors and ordinary citizens await the 2027 Budget.

The presentation will provide an opportunity for the government to outline its next fiscal priorities and explain how it intends to sustain fiscal stability while addressing the country’s development needs.

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