The Omanhen of the Mankessim Traditional Area, Osagyefo Amanfo Edu VI, has expressed optimism about Ghana’s economic outlook ahead of the presentation of the 2026 Mid‑Year Budget Review by Finance Minister, Dr. Cassiel Ato Baah Forson.
Addressing the media at the Pakesedo Events Centre in Mankessim on Wednesday, July 22, 2026, the traditional ruler said he has not seen the Finance Minister’s statement but noted that market conditions have visibly improved in recent years.
As a businessman, he pointed to greater price stability for foodstuffs and essential commodities compared with previous years.
Osagyefo attributed the improvement to a relatively stable Ghana cedi against the US dollar and a decline in inflation, developments he said have boosted businesses and the purchasing power of workers.
Meanwhile, he gave a concrete example from his own operations, saying some of his employees’ monthly salaries have risen from about GH¢1,800 to more than GH¢2,500, reflecting the positive effects of the stabilising economy.
“I don’t actually know what the Finance Minister is about to say in the Mid‑Year Budget, but from my perspective as a businessman, things have stabilised over the years. Prices are no longer rising the way they used to, and the cedi has become more stable against the dollar. I will be happy if Hon. Ato Forson introduces measures that will bring prices down even further,” he said.
The paramount chief further expressed hope that the 2026 Mid‑Year Budget Review will introduce measures to reduce the cost of living, strengthen businesses, and further improve livelihoods across Ghana.
The Finance Minister is scheduled to present the Mid‑Year Budget Review to Parliament today, Thursday, July 23, where he will outline the government’s economic performance and any policy adjustments for the remainder of the fiscal year.
Finance Minister Ato Forson to present 2026 Mid-Year Budget Review today
By Timothy Gaison
