Finance Minister Dr. Cassiel Ato-Forson announced the abolition of the COVID-19 Levy during the presentation of the 2026 Budget Statement and Economic Policy to Parliament.
The move comes amid significant improvements in both the public finances and the overall economy. Dr. Forson highlighted the dramatically improved performance of the Electricity Company of Ghana (ECG), noting that the utility’s monthly revenues have risen by nearly \bm{90\%}, from GH¢900 million to GH¢1.7 billion per month.
The Minister also pointed to a rapid decline in consumer prices, stating that inflation has fallen faster than anticipated. Inflation dropped from \bm{23.8\%} in December 2024 to \bm{8\%} by October 2025, indicating a return to single-digit inflation and macroeconomic stability.
These improvements underpinned the government’s decision to remove the emergency levy imposed during the pandemic.
Ruth Abla ADJORLOLO
