IFS Raises Concerns Over Government’s 2026 Growth and Revenue Targets
The Institute of Fiscal Studies (IFS) has raised concerns about the economic growth and revenue projections contained in the government’s 2026 Mid-Year Budget Review, describing the targets as unrealistic and calling for them to be reviewed. (Ghanaian Times)
According to the IFS, some of the projections do not adequately reflect the economic realities facing the country and could therefore prove difficult for the government to achieve. The institute believes a reassessment is necessary to ensure that the targets are grounded in realistic economic expectations.
The concerns come at a time when the government is working to consolidate recent improvements in Ghana’s macroeconomic conditions while also increasing domestic revenue. The IFS’ assessment therefore raises questions about whether the current projections accurately capture the challenges that could affect economic growth and revenue mobilisation.
The institute’s position could also fuel further discussions among economists, policymakers and political actors over the assumptions underpinning the 2026 budget. Any significant gap between projected and actual revenue or growth could have implications for government spending and the implementation of planned programmes.
The IFS has consequently urged the government to review the affected targets and align them more closely with prevailing economic conditions. The call adds to the broader debate over how Ghana can maintain economic stability while setting achievable targets for growth, revenue generation and public expenditure.
