2027 Budget to prioritise jobs, productivity and higher incomes – Nyarko Ampem
The government is expected to place job creation, increased productivity and economic growth at the centre of its 2027 Budget as it seeks to turn recent improvements in economic stability into tangible benefits for Ghanaians.
The upcoming 2027 Budget in Ghana is set to prioritize job creation, increased productivity, and economic growth as a means of translating recent economic stability into tangible benefits for the country's citizens, according to Deputy Finance Minister Thomas Nyarko Ampem. Speaking at the launch of Ghana in Numbers 2025, Ampem emphasized that economic stability must now translate into improved livelihoods, with the government's next phase of the economic programme focusing on expanding employment opportunities, raising incomes, and building a competitive economy driven by technology and value addition.
The 2027 Budget is scheduled to be presented to Parliament on November 12, and Ampem highlighted progress in economic growth, with figures of 6% in 2025 and 6.2% in the first half of 2026, alongside a decline in inflation from 23.8% in December 2024 to 5.2% in September 2026. Ampem's vision includes strengthening local businesses, adding value to Ghana's natural resources, and creating more opportunities for young people, with the ultimate goal of moving away from relying heavily on raw material exports and building the country's capacity to produce and export higher-value goods and services.
Brief written by urgent.news from MyJoyOnline Ghana's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
