Tax Partner at PwC, Abeiku Gyan-Quansah, says Ghana is heading into a year of significant and intensified public expenditure, urging citizens to pay close attention to the scale of government spending projected for 2026.
Speaking on Joy News’ PM Express Business Edition, monitored by Elvisanokyenews.com, he warned that the “size of spending expected next year should be clearer to every Ghanaian.”
He explained that the 2026 budget signals a major rise in expenditure, with government projections showing that spending will exceed ₵300 billion..
“Before we started this program, you did indicate that we need to spend and that spending ought to be financed. I think a proper place to start from is to show the average person who is following us tonight how the 2026 budget looks like.”
According to him, while discussions often focus on tax revenue of over ₵200 billion, the real concern lies in the overall expenditure.
“In 2026, we are expecting to spend a little over 300 billion, so you keep talking about 200 billion plus for taxes, but let’s start with the expenditure of over 300 billion. This expenditure of 300 billion will be financed by revenues and grants of about 261 billion.”
He further revealed that the widening gap between revenue and expenditure is becoming more evident when compared to figures from the current year.
“Whether or not, and I think at a particular point in time, you begin to ask, so that we can achieve or not, let’s look at where we came from in 2025. So from 2025, this is what essentially happened.
“We are expecting that by the close of this year, 2025, revenues and grants should be about 227, for which we want to move to 268. Expenditure would move from 250 to about 300 billion, and our deficits obviously would also increase.”
Abeiku Gyan-Quansah stressed the need for stronger public awareness and deeper national conversation around financing gaps, fiscal discipline, and how government plans to manage rising deficits as Ghana approaches 2026.
Source: Elvisanokyenews.com
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