The Minister of Finance, Dr Cassiel Ato Forson, will outline the government's New Economy Agenda when he presents the 2027 Budget Statement and Economic Policy to Parliament on Thursday, November 12, 2026, with a focus on translating Ghana's economic recovery into jobs, improved incomes and business growth.
The Ministry of Finance, in a post shared on X on Tuesday, November 3, said the upcoming budget would demonstrate how the government intends to convert the gains made in restoring the economy into tangible opportunities and prosperity for Ghanaians.
It noted that citizens had made significant sacrifices towards getting the economy back on its feet, stressing that the next phase must deliver meaningful improvements in their livelihoods.
The message, which was accompanied by the hashtags #NewEconomy and #2027Budget, suggests a shift in emphasis from restoring macroeconomic stability towards ensuring that the benefits of the recovery are reflected in productive economic activities, employment and improved household incomes.
Related Article: Finance Minister to present 2027 Budget in Parliament on November 12
The Ministry identified decent employment opportunities for young people, better incomes for farmers and an enabling environment for Ghanaian businesses to expand, grow and employ more people as key priorities of the government's economic agenda.
It said Dr Forson would use the budget presentation to explain how the New Economy agenda would translate the country's shared economic gains into jobs and prosperity for all.
A major feature expected in the budget is the government's US$10 billion New Economy Programme, a four-year investment initiative covering 2027 to 2030, announced by President John Dramani Mahama.
The programme is intended to strengthen domestic production, promote local processing and value addition, support Ghanaian enterprises, expand exports and create employment opportunities, particularly for young people.
The New Economy agenda forms part of the government's broader ambition to build a productive and competitive economy in which economic recovery translates into improved living standards and expanded opportunities for businesses and households.
The 2027 Budget Statement and Economic Policy is expected to signal a shift in emphasis from economic stabilisation towards productivity, investment, enterprise development and inclusive growth.
The presentation will also provide an opportunity for the government to outline the policies, programmes and resource allocations intended to strengthen productive sectors, support local businesses and create sustainable employment opportunities.
Deputy Finance Minister Thomas Nyarko Ampem announced the presentation date on October 29, 2026, during the launch of the Ghana Statistical Service's Ghana in Numbers 2025 report in Accra.
He explained that the budget would mark the next phase of the government's economic agenda, moving the country from macroeconomic stabilisation towards productivity, competitiveness, job creation and improved living standards.
Economic recovery
The presentation will follow a period of economic recovery characterised by improved macroeconomic indicators. According to figures presented by the Ghana Statistical Service, the economy grew by 6 per cent in 2025, while inflation declined from 23.8 per cent in December 2024 to 5.4 per cent in December 2025.
Ghana also completed the final review of its three-year, US$3 billion International Monetary Fund (IMF) Extended Credit Facility programme in July 2026, marking an important stage in its economic adjustment and recovery efforts.
The November 12 presentation is therefore expected to provide details of how the government intends to consolidate the gains made in stabilising the economy while directing investment towards productive sectors capable of generating employment and sustainable growth.
Particular attention will be on the proposed allocations, financing arrangements and policy measures to support agriculture, agribusiness, industrialisation, local manufacturing and private-sector development.
