2025 Mid-Year Fiscal Policy Review

On 24 July 2025, the Minister of Finance presented the Mid-Year Fiscal Policy Review of the 2025 Budget Statement and Economic Policy of the Government of Ghana (the “2025 Mid-Year Budget Statement”) to Parliament. This presentation was made in compliance with Section 28 of the Public Financial Management Act, 2016 (Act 921).

The 2025 Mid-Year Budget Statement provided an account of the Government’s stewardship so far, having assumed the reins of governance on 7 January 2025.

During the first half of the fiscal year, Ghana experienced key improvements in economic indicators, with positive developments in areas such as inflation and currency performance. These accomplishments reflect collective efforts in overcoming both domestic and global headwinds.

However, there are still areas needing the Government’s attention to boost revenue generation and ensure the early signs of economic growth are sustained, leading to widespread opportunities for private sector expansion.

This review  presents updates and policy proposals from the 2025 Mid-Year Budget, alongside Deloitte's analysis of their potential impact on businesses, the economy, and society.