{
  "id": 18303686,
  "title": "IMF says Ghana’s 2027 Budget is built on strong foundations",
  "url": "https://urgent.news/2026/11/05/imf-says-ghanas-2027-budget-is-built-on-strong-foundations",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-05T12:08:47.000Z",
  "source": {
    "name": "Joy Business",
    "slug": "joy-business",
    "url": "https://www.myjoyonline.com/imf-says-ghanas-2027-budget-is-built-on-strong-foundations/"
  },
  "original_language": "en",
  "account": "The International Monetary Fund (IMF) has praised Ghana's 2027 Budget, stating it is built on strong foundations aligned with the country's Policy Coordination Instrument (PCI) programme. The IMF mission team reviewed Ghana's first PCI programme and found the budget targets a primary surplus of 0.5% of GDP on a commitment basis, bolstered by revenue measures passed by Parliament in July 2026.\n\nThe IMF believes the created fiscal space will be utilized to support investments in priorities under the New Economy, such as job creation, investment opportunities, and infrastructure development. According to the IMF, rigorous project appraisal, competitive procurement, and strict expenditure controls will be essential to ensure value for money and maintain debt sustainability.\n\nWith strong revenue collections in 2026, the IMF predicts non-oil revenue will continue to rise in 2027, thanks to tax measures introduced in July 2026, a review of customs and excise legislation, and the benefits of tax administration reforms like the Integrated Tax Administration System and electronic fiscal devices.\n\nThe IMF delegation, led by Ruben Atoyan, spent from October 22 to November 4, 2026, in Accra discussing the first review of Ghana's 36-month programme backed by the PCI. The IMF reaffirmed its commitment to supporting Ghana's efforts to maintain economic stability and achieve inclusive and job-creating growth. The 2027 Budget is scheduled to be presented to Parliament this month.",
  "summary": "The International Monetary Fund (IMF) has described Ghana’s 2027 Budget as being built on strong foundations, saying its fiscal targets are consistent with the country’s Policy Coordination Instrument (PCI) programme.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Ghana Business News",
        "title": "Ghana’s Economy holding strong despite global pressures – Mahama",
        "url": "https://urgent.news/2026/11/05/ghanas-economy-holding-strong-despite-global-pressures-mahama",
        "published": "2026-11-05T16:29:49.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}