Government has sustained fiscal discipline while directing more resources toward capital investment.
The Minister for Finance, Dr. Cassiel Ato Forson, said this when he presented the 2027 Budget Statement and Economic Policy in Parliament.
He said provisional data for January to October 2026 shows a primary surplus on commitment basis of 1.4 percent of GDP, and government will remain on course to achieve the four-year primary surplus target of 1.5 percent of GDP.
Dr. Forson said on cash basis, the primary surplus was 0.1 percent of GDP, far outperforming the programme deficit of 1.3 percent.
He said the overall fiscal balance on commitment basis was a deficit of one percent of GDP, outperforming the target of three percent, while on cash basis the overall deficit was 2.3 percent of GDP, better than the target of 4.5 percent.
According to him, stronger revenue performance and firm expenditure controls supported the results.
The Finance Minister said provisional data from January to October shows total revenue and grants for the first ten months reached 219.3 billion Ghana cedis, equivalent to 13.7 percent of GDP.
