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2027 Budget to focus on nine critical areas – Mahama

President John Dramani Mahama has announced that the 2027 Budget Statement and Economic Policy of the Government to be presented to Parliament in November by the Finance Minister will focus on nine critical sectors of the economy. The post 2027 Budget to focus on nine critical areas – Mahama appeared first on Ghana Business News .

2027 Budget to focus on nine critical areas – Mahama

In an address to a delegation from the Ahafo Regional House of Chiefs at the presidency, President John Mahama announced that the 2027 Budget Statement and Economic Policy would focus on nine critical sectors of the economy. This focus aims to rapidly create jobs across Ghana. During a courtesy call, the delegation, led by Nana Barima Twereku Ampem III, congratulated Mahama on his re-election victory in 2024 and thanked him for launching several development projects in the region.

The President stated that a significant sum of two billion dollars would be allocated annually to these sectors, with the private sector taking the lead in driving the initiatives. Agriculture, particularly oil palm production, oil palm plantations, and poultry farming were highlighted as priority areas to reduce the nation's reliance on imports.

The poultry program intends to empower local small, medium, and large-scale poultry farmers, allowing them to sell their birds and expand their businesses. The completion of the Bechem Broiler Processing Factory is anticipated to provide a ready market for the poultry farmers, facilitating their expansion. President Mahama also invited the chiefs to participate directly in the implementation of the projects, leveraging their role as custodians of the land.

Nana Barima Twereku Ampem III expressed gratitude for the President's numerous developmental initiatives in the Ahafo Region, including the Accra-Kumasi Expressway Project, and praised Newmont for their corporate social responsibility contributions.

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

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