{
  "id": 699722,
  "title": "Poor execution, unrealistic targets and data inconsistencies - IFS' assessment of Ghana’s 2026 Mid-Year Budget",
  "url": "https://urgent.news/2026/08/12/poor-execution-unrealistic-targets-and-data-inconsistencies-ifs",
  "topic": "world",
  "section": "World",
  "published": "2026-08-12T21:07:02.000Z",
  "source": {
    "name": "3News",
    "slug": "3news",
    "url": "https://3news.com/news/poor-execution-unrealistic-targets-and-data-inconsistencies"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Institute for Fiscal Studies (IFS) has assessed Ghana's 2026 Mid-Year Budget Review, warning that poor execution could hurt economic growth. According to the IFS, non-oil real GDP growth slowed to 6.3 per cent in Q1 2026 from 7.1 per cent in Q4 2025.\n\nThe IFS found that total revenue and grants stood at GH¢124.78 billion in the first half of 2026, falling short of the budgeted GH¢126.14 billion by GH¢1.37 billion, or 1.1 per cent. Tax revenue amounted to GH¢103.77 billion, compared with a target of GH¢105.26 billion, while non-tax revenue stood at GH¢12.27 billion against a target of GH¢14.90 billion.\n\nThe shortfall in non-tax revenue was largely driven by lower-than-expected dividend, interest and profits from oil, which fell short of its target by GH¢1.43 billion, or 37.1 per cent, according to the Ghanaian Times. Foreign grants also fell short of the target, recording GH¢1.05 billion against GH¢1.07 billion.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Ghanaian Times",
        "title": "Poor budget execution could hurt economic growth – IFS warns govt",
        "url": "https://urgent.news/2026/08/12/poor-budget-execution-could-hurt-economic-growth-ifs-warns-govt",
        "published": "2026-08-12T17:24:13.000Z"
      }
    ]
  },
  "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."
}