Ato Forson eyes first-week November for 2027 Budget, promises jobs and major infrastructure push

Finance Minister Dr Cassiel Ato Forson has hinted that Ghana's 2027 Budget will be presented to Parliament in the first week of November 2026. In an interview with Ahenfia FM, Dr Forson emphasized that the upcoming budget will focus on major infrastructure projects, job creation, and business incentives. He stated that government will introduce new initiatives to support businesses and encourage their expansion into new areas, as part of its broader strategy to stimulate economic growth.

Dr Forson explained that the government's efforts to stabilize the economy over the past two years have now shifted to proactive measures to foster stronger growth. The details of the new programmes and policies will be outlined in the 2027 Budget. He also mentioned that the planned initiatives are aligned with the government's new economic programme, which aims to invest approximately US$10 billion to stimulate economic activity.

Preparations for the 2027 Budget are already underway, with Dr Forson engaging with key ministries, departments, and agencies to identify priority sectors and investment opportunities. Some ministries have already presented their proposed expenditure for 2027 to the Finance Ministry. The planned November presentation of the budget adheres to Ghana's public financial management framework, as mandated by the Public Financial Management Act.

This requirement ensures that Parliament has sufficient time to review and approve the necessary expenditure before the start of the new financial year on January 1, 2027.