Ghana’s 2026 Budget Sparks Hope with Wage Hikes and Economic Revival
The Minister of Finance, Dr. Cassiel Ato Forson, presented the 2026 Budget Statement and Economic Policy to Parliament on Thursday, November 13, 2025. The budget, which marked a significant shift in the country's economic trajectory, was met with praise from Abraham Koomson, the Executive Secretary of the Ghana Federation of Labour.
Organised Labour, following negotiations with the government, agreed to a 9 percent adjustment for both the minimum wage and base pay. This agreement comes as the government has successfully restored fiscal discipline, stabilised the cedi, and reduced inflation. The budget, according to Abraham Koomson, demonstrates the government's sincerity and commitment to tackling Ghana's economic challenges.
The 2026 Budget Statement and Economic Policy signals a strategic transition. It moves the country from recovery to transformation, from resilience to productivity, and from stability to jobs. This shift is set to reshape the Ghanaian economy and improve the lives of its citizens.
The 2026 Budget Statement and Economic Policy, presented by Dr. Cassiel Ato Forson, has been welcomed by Organised Labour. The budget, which reflects the government's commitment to economic recovery and transformation, has been praised for its sincerity and strategic vision. As the government continues to stabilise the economy, citizens can expect further improvements in their livelihoods.
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