Finance Minister Dr Cassiel Ato Forson says the government’s next major economic priority is to translate Ghana’s recovery into tangible benefits for ordinary citizens, particularly through job creation, improved incomes and business expansion.
He said the 2027 Budget would outline how the government intends to achieve these objectives, following the sacrifices made to stabilise the economy.
Dr Forson is scheduled to present the budget to Parliament on Thursday, November 12, 2026. The presentation is expected to provide details of the New Economy programme, a four-year investment plan announced by President John Dramani Mahama.
In a statement ahead of the presentation, the Finance Minister said the government wanted the gains made in the recovery process to create more opportunities for young people, farmers and businesses.
“Ghanaians made sacrifices to get our economy back on its feet. Now, that recovery must mean decent jobs for our young people, better incomes for our farmers and room for Ghanaian businesses to grow and hire,” he said.
He added that the upcoming budget would explain how the New Economy programme would help convert the country’s economic gains into jobs and broader prosperity.
“Next week, I will show how the New Economy will turn the gains we have made together into jobs and prosperity for all,” Dr Forson stated.
The New Economy programme is a US$10 billion investment initiative expected to run from 2027 to 2030.
It is designed to strengthen domestic production, increase the proportion of Ghana’s raw materials processed locally and support Ghanaian businesses to expand their operations and reach more markets both within the country and internationally.
The 2027 Budget comes after Ghana completed the final review of its International Monetary Fund (IMF)-supported lending programme in July.
Recent economic indicators have also pointed to improvements in key areas. Data from the Ghana Statistical Service show that the economy expanded by 6.0 per cent in the second quarter of 2026, while annual inflation declined to 5.2 per cent in September.
Dr Forson had earlier indicated a shift towards job creation during the July Mid-Year Fiscal Policy Review, signalling that the government’s focus would increasingly move from economic stabilisation to expanding opportunities.
The November budget is therefore expected to provide a clearer picture of the government’s investment priorities for 2027, including the sectors it intends to support and how the proposed projects will be financed.
It will also outline how the government plans to pursue its development agenda while maintaining the economic gains recorded during the recovery process.
