Ato Forson to unveil New Economy agenda as he presents 2027 Budget today

Finance Minister Dr. Cassiel Ato Forson will present Ghana’s 2027 Budget Statement and Economic Policy to Parliament today, Thursday, November 12, setting out the government’s fiscal plans and economic priorities for the coming year.

The presentation is expected to outline the next phase of the government’s economic agenda, with particular attention to sustaining macroeconomic stability, stimulating productive investment and creating jobs.

A major focus is expected to be the government’s proposed US$10 billion New Economy agenda, a four-year economic transformation plan covering 2027 to 2030.

The programme is intended to make Ghana’s economy more productive, competitive, diversified, technology-driven and inclusive, while expanding domestic production and strengthening local businesses.

Deputy Finance Minister Thomas Nyarko Ampem has indicated that the budget will advance the New Economy agenda through investments in productive sectors.

Dr Forson has also signalled that the government wants the gains from economic recovery to translate into improved livelihoods for ordinary Ghanaians.

In a post on X ahead of the presentation, he said the next phase of the economic agenda would prioritise decent jobs, better incomes for farmers and opportunities for Ghanaian businesses to expand.

The 2027 Budget is expected to provide details of the policies, investments and funding arrangements government intends to pursue to achieve these objectives.