Parliament on Thursday, 23rd July 2026, witnessed heated exchanges following the presentation of the Mid-Year Budget Review by the Finance Minister, Dr. Cassiel Ato Forson, as both the Majority and Minority sides clashed over the state of Ghana’s economy even before commentary.
Delivering the review on behalf of President John Dramani Mahama, Dr. Forson defended government’s economic policies, stating that Ghana’s ongoing recovery is the result of “superior management of the economy.” He pointed to improvements in key economic indicators and stressed that government remains committed to stabilising the economy and creating jobs.
The Minister disclosed that government recorded increased tax revenue in 2025 despite abolishing several nuisance taxes, including the E-levy. According to him, this reflects improved efficiency in revenue mobilisation without placing additional burden on citizens.
Dr. Forson also noted that the current administration inherited a struggling economy, stating that “President Mahama inherited an economy on its knees.” He further highlighted Ghana’s long history with the International Monetary Fund (IMF), revealing that the country has sought IMF support 17 times and expressing hope that the current programme would be the last, provided there is national commitment to sustain the gains.
However, the Minority in Parliament sharply criticised the presentation. Minority Leader Alexander Afenyo-Markin described the budget as “full of English without payments,” arguing that it lacked practical solutions to the economic hardships facing Ghanaians. He also raised concerns about the agricultural sector, claiming that cocoa farmers are suffering under current policies.
In response, the Majority side rallied behind the Finance Minister. Majority Leader Mahama Ayariga commended Dr. Forson, stating that he “needs to be commended for presenting a good account of himself.” He maintained that the government is on the right path to restoring economic stability.
Tensions escalated further after the presentation when both sides of the House engaged in slogan chanting. Members of the Minority caucus were heard chanting “Free Wontumi,” while the Majority caucus responded with chants of “Bring back Ken Ofori-Atta,” highlighting the deep political divisions that continue to shape parliamentary discourse.
The exchanges underscore the contrasting perspectives on Ghana’s economic direction, with government emphasising recovery and reforms, while the opposition questions the real impact of these measures on citizens.
