Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Finance minister begins consultations with Trade Ministry on new economy programme

The engagement forms part of preparations for the programme, which seeks to move Ghana beyond economic stabilisation towards job creation, wealth generation and sustainable growth.

Finance minister begins consultations with Trade Ministry on new economy programme

Dr Cassiel Ato Forson, the Minister for Finance, has commenced discussions with crucial government departments regarding the nation's new economy transformation initiative. Accompanied by his deputy, the chief director of the ministry, and other high-ranking personnel, Dr Forson convened with Elizabeth Ofosu-Adjare, the Trade, Agribusiness and Industry Minister, and her officials.

This meeting is a preparatory step for the program, aimed at steering Ghana beyond economic stabilization towards job generation, wealth creation, and sustainable growth.

In his presentation of the 2026 Mid-Year Fiscal Policy Review, Dr Forson outlined the objectives of the New Economy agenda, stating, "Through the New Economy agenda that we will unveil, we will build an economy that not only withstands shocks but also creates jobs, generates wealth, and grows on the strength of what Ghana produces."

He emphasized that "stabilization was never the destination. It was the price of entry. Ghana has paid that price. What comes next is the work that changes lives at scale—the work of transformation."

President John Dramani Mahama has subsequently announced that the transformational program will allocate a US$10 billion investment across key sectors of the economy. The President stated that the comprehensive details of the transformational program would be unveiled in the 2027 Budget presentation in November.

Written by urgent.news from Joy Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at myjoyonline.com →

More in Finance & Markets

More from Wednesday 2 September →