When Finance Minister Seth Terkper presents the mid-year budget review to Parliament in August, President John Dramani Mahama has promised Ghanaians that more "good news" on the economy is imminent. The President stated that this report will highlight the government's accomplishments in stabilizing public finances and promoting growth during his remarks at a national policy forum in Accra on Friday.

An important time to evaluate performance in relation to the year's financial goals is the upcoming mid-year review. In addition to updates on marquee initiatives like Planting for Food and Jobs and ongoing road, rail, and energy infrastructure projects, lawmakers and analysts alike anticipate comprehensive reports on income mobilization, expenditure restraint, and debt management.
Inflation in Ghana has decreased over the previous year from its peak of more than 25 percent in early 2024, and GDP growth projections currently surpass five percent. The administration attributes these gains to energy sector reforms, a recovery in trade, and sound budgetary policy. With new policies to increase household incomes and fortify economic resilience, President Mahama's vow aims to continue on this momentum.

The administration has been asked by business leaders and civil society organizations to utilize August's review to address urgent issues, such as improved social safety nets, increased support for small and medium-sized businesses, and wage adjustments for public employees. To encourage public participation and discussion, the Finance Ministry intends to make preliminary numbers available prior to the official presentation.
Ghanaians are eagerly awaiting specific measures that will maintain the increasing trend and bring the "good news" the president has promised in August.