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Home»Business»Govt projects 18.3% revenue growth in 2026 – Ato Forson
Business

Govt projects 18.3% revenue growth in 2026 – Ato Forson

SAMUELBy SAMUELNovember 13, 20251 Min Read
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The Minister for Finance, Dr. Cassiel Ato Forson, has outlined significant revenue mobilisation plans for 2026, emphasising both domestic collection and strategic external support.

While presenting the Budget Statement and Government Economic Policy for 2026 in Parliament on Thursday, November 13, 2025, Dr. Forson highlighted the government’s revenue projections for the coming year.

“In 2026, the government is projected to collect revenue and grants of GHC268.1 billion, up from GHC 226.7 billion in 2025 — a strong 18.3% increase. Non-oil tax revenue, which is the backbone of domestic mobilisation, is projected at GHC 216.1 billion, growing on the back of compliance and enforcement. The Oil and Gas sector is expected to contribute GHC 13 billion, supported by steady global prices,” he said.

He further explained that non-tax revenue is projected at GHC 20.9 billion, with GHC 18.2 billion collected by ministries, departments, and agencies through essential services.

Additional inflows from SSNIT transfers and energy sector levies are estimated at GHC 14.4 billion, while development partners’ grants will contribute GHC 3.1 billion to fund key projects.

Dr. Forson emphasised that these revenue measures are critical to creating fiscal space for infrastructure, social protection, and human capital development while maintaining fiscal discipline.

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