2027 Budget: Government allocates GH¢2.5bn for housing, water and coastal protection

In 2027, the government has allocated a substantial budget of GH¢2.5 billion to support key sectors including housing, water supply, and coastal protection. This funding decision was made public by Finance Minister Dr Cassiel Ato Forson during the presentation of the 2027 Budget Statement and Economic Policy to Parliament on November 12, 2026.

A significant portion of the budget, GH¢820 million, has been designated for the Northern Ghana Water System. This allocation aims to enhance water supply in key northern cities such as Tamale, Yendi, and Damongo. Additionally, GH¢75 million has been set aside for other water infrastructure projects, with the primary objective of expanding access to clean and potable water across the nation.

In terms of housing, the government has earmarked GH¢500 million for the Housing Fund. This fund is intended to assist more families in securing their own homes, reflecting the government's commitment to affordable housing. Moreover, GH¢103 million is allocated to the District Housing Programme, further demonstrating efforts to address the housing needs of various districts nationwide.

Coastal protection is another critical area receiving attention. GH¢250 million has been allocated to the Blekusu Coastal Protection Project. This project is vital for safeguarding vulnerable coastal communities from potential environmental threats. Additionally, GH¢500 million is allocated for ongoing sea defence works, aimed at reinforcing coastal defenses against erosion and other coastal challenges.

Furthermore, Dr Forson revealed a separate GH¢685 million funding allocation under the Ministry of Environment, Science, and Technology. This additional funding is earmarked for sea defence works in Keta, through the West Africa Coastal Areas (WACA) programme, further underscoring the government's comprehensive approach to coastal protection.