The Member of Parliament for Kpando Sebastian Deh has expressed optimism and pride in Ghana’s economic turnaround, highlighting key achievements outlined in the 2026 Mid-Year Fiscal Policy Review.
The MP noted that the review provides strong evidence that the economic reforms initiated since January 2025 are bearing fruit. “The Ghanaian economy has recovered and is being turned around through vital reforms, including strengthened public financial management, restored fiscal credibility, improved revenue mobilization, reduced fiscal risks, and reinforced macroeconomic stability,” he stated.
He emphasized that this progress is anchored on three main pillars:
Fiscal Correction – enforcing discipline and sustainability
Modernizing Ghana’s Tax Regime – making it fairer and more efficient
Complementary Fiscal Policy – focusing on inflation targeting and exchange rate stability
As a result of these reforms, Ghana now boasts impressive economic indicators:
Inflation has decreased to 5.3%
The Ghanaian cedi has stabilized
Economic growth exceeds 6% and is broad-based
Debt-to-GDP ratio has fallen to 45%, ahead of schedule
Primary balance is in surplus
Interest rates have significantly declined
Ghana successfully completed the IMF program and is committed to not returning to such measures
The MP praised the government’s efforts, stating, “With these achievements, stability and credibility have returned to Ghana’s economy.” He also highlighted new initiatives aimed at further development, including the Big Push Infrastructure, 1000Km Agriculture Enclave roads, the 24-Hour Economy+ Program, and secondary school transformation.
Concluding his remarks, the MP expressed confidence that these programs and ongoing projects will create jobs, lower the cost of living, and foster development for the people of Kpando and all of Ghana. He commended His Excellency the President and his team for their dedication and successful stewardship of the nation’s economy.
