2026 Mid-Year Budget: Ghana saves GH¢4.2bn in interest costs through improved debt management- Ato Forson
Ghana has saved GH¢4.2 billion in interest costs during the first half of 2026 as a result of improved debt management and declining borrowing costs, Finance Minister Dr. Cassiel Ato Forson has announced.
Presenting the 2026 Mid-Year Budget Review in Parliament, Dr. Forson said the savings reflect the government’s disciplined fiscal management and renewed confidence in the country’s economy.
According to him, treasury rates have fallen significantly, allowing government to borrow at lower costs while easing pressure on public finances.
“Government is borrowing less. That alone has saved this country GH¢4.2 billion in just six months,” he told Parliament.
The Finance Minister explained that the decline in treasury rates is also translating into lower lending rates across the banking sector, making it more affordable for households, entrepreneurs and businesses to access credit, invest and expand their operations.
Dr. Forson said Ghana’s improving economic outlook has also been recognised by investors, noting that the country’s Eurobond yields have fallen by about 300 basis points since the beginning of the year.
He described the development as a clear vote of confidence in Ghana’s economic reforms and prudent debt management, adding that the country has moved from debt distress to renewed credibility in international financial markets.
The Minister said the government remains committed to maintaining fiscal discipline, honouring all debt obligations on time, and sustaining reforms aimed at strengthening macroeconomic stability and supporting long-term economic growth.
