Urgent.News

What's breaking now, across thousands of outlets.

World

2027 Budget: Ghana’s economic recovery must translate into jobs, higher incomes – Ato Forson

Finance Minister says macroeconomic stability must translate into jobs, higher incomes and improved living conditions.

2027 Budget: Ghana’s economic recovery must translate into jobs, higher incomes – Ato Forson

Finance Minister Dr Cassiel Ato Forson has championed a strategic pivot towards leveraging Ghana's natural and economic assets to foster employment, fortify local industries, and elevate the well-being of citizens. Speaking on behalf of the government during the unveiling of the 2027 Budget to Parliament on November 12, 2026, he emphasized the imperative to harness the nation's resources and ensure they yield tangible economic gains rather than languish or contribute minimally to development.

Dr Forson posited that each cedi allocated should answer critical questions: What employment opportunities will it generate? What imports will it displace? What exports will it spur? And what enduring value will it bestow upon the country? The New Economy program, as outlined by the Finance Minister, aims to reallocate resources towards productive industries, bolster domestic production, and guarantee that economic resurgence culminates in enduring prosperity.

This initiative is slated to concentrate investments in agriculture, manufacturing, infrastructure, energy, and crucial minerals, with a keen eye on value addition, job generation, and the broadening of avenues for local enterprises. Dr Forson underscored that the advantages of economic stability must be palpable to everyday Ghanaians, manifesting as dignified employment, increased earnings, and enhanced livelihoods.

He reiterated that the wealth of natural and economic resources should translate into improved living standards, reliable employment, and prospects for all citizens.

Written by urgent.news from MyJoyOnline Ghana'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 starrfm.com.gh →

More in World

More from Thursday 12 November →