Tax Partner at PwC, Abeiku Gyan-Quansah, says Ghana’s spending plans for 2026 indicate 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 cautioned that the scale of spending expected next year should be clear to every Ghanaian.
He noted that even before the discussions began, he had emphasised the need to spend — and the equally important need to finance that spending.
According to him, the right place to start is to show the average person what the 2026 budget truly looks like.
Mr Gyan-Quansah revealed that Ghana is expected to spend a little over GH¢300 billion in 2026. He explained that while the public often focuses on the “200-billion-plus” tax conversation, the actual picture begins with expenditure exceeding GH¢300 billion.
He said the plan is to finance this expenditure with revenues and grants of about GH¢261 billion, but questioned whether this target is achievable.
Providing context, the tax partner noted that for 2025, revenues and grants are expected to close at about GH¢227 billion, with a plan to move to GH¢268 billion. Expenditure, he added, is projected to rise from GH¢250 billion in 2025 to about GH¢300 billion in 2026.
He stressed that under these conditions, the deficit will certainly widen.
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