Gov’t to unveil ‘New Economy’ plan in 2027 Budget
The government is set to roll out a four-year economic transformation programme, known as the New Economy, through the 2027 Budget Statement and Economic Policy. Minister of State in charge of Government Communications, Felix Kwakye Ofosu, announced that the initiative would be presented by Finance Minister Dr Cassiel Ato Forson when he delivers the 2027 […]
The Ghana government plans to unveil a comprehensive "New Economy" program in the 2027 Budget Statement and Economic Policy. This initiative, to be presented by Finance Minister Dr Cassiel Ato Forson on November 12, 2026, aims to transform the nation's economic structure over the next four years through significant investments in productive sectors.
The government's communications minister, Felix Kwakye Ofosu, emphasized that the plan is a broad strategy designed to drive economic transformation, though specifics about targeted sectors and investment types have not been disclosed. This announcement precedes the Finance Minister's presentation of the government's economic priorities, revenue, and expenditure forecasts for the 2027 fiscal year.
Additionally, Kwakye Ofosu reported that Terminal 2 renovations at the Accra International Airport are 80% complete, but provided no details on the projected completion date or the resumption of full operations.
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