Tax Partner at PwC, Abeiku Gyan-Quansah, says Ghana’s spending plans for 2026 show the country is entering a year of very heavy expenditure that must be matched with equally serious financing efforts.
Speaking on Joy News’ PM Express Business Edition, he warned that the size of spending expected next year should be clearer to every Ghanaian.
He explained that before the discussions even began, he had stressed the need to spend and the need to finance that spending.
Mr Gyan-Quansah said the proper point to start was to show the average person how the 2026 budget looks.
The tax partner stated that in 2026, Ghana is expecting to spend a little over GH¢300 billion.
He noted that people often focus on the 200-billion-plus tax conversation, but the real picture begins with expenditure of more than GH¢300 billion.
According to him, the plan is to finance this expenditure with revenues and grants of about GH¢261 billion. He questioned whether this target is achievable.
Mr Gyan-Quansah said it was important to consider where the country is coming from.
He explained that for 2025, revenues and grants are expected to close at about GH¢227 billion, and the plan is to move to GH¢268 billion.
He added that expenditure is projected to move from GH¢250 billion to about GH¢300 billion. He stated that the deficit would obviously increase.
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