{
  "id": 18473636,
  "title": "Women’s Development Bank, 24-Hour Economy incentives and $10b plan top expectations for 2027 budget",
  "url": "https://urgent.news/2026/11/06/womens-development-bank-24-hour-economy-incentives-and-10b-plan-top",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-06T08:21:20.000Z",
  "source": {
    "name": "Ghana Business News",
    "slug": "ghana-business-news",
    "url": "https://www.ghanabusinessnews.com/2026/11/06/womens-development-bank-24-hour-economy-incentives-and-10b-plan-top-expectations-for-2027-budget/"
  },
  "original_language": "en",
  "account": "Ghana's 2027 Budget Statement and Economic Policy are anticipated to address key concerns such as the cost of living, economic transformation, and job creation. The Ministry of Finance, under Minister Dr. Ato Forson, has outlined several initiatives that are generating significant interest among businesses and the public alike. These include the proposed Women's Development Bank (WDB), incentives under the 24-Hour Economy Programme, and a US$10 billion economic transformation plan outlined in the 2027 Fiscal Strategy.\n\nThe WDB aims to provide affordable financing for small businesses and entrepreneurs, with a previous GH¢401 million allocation earmarked for the initiative. Businesses and women entrepreneurs are eagerly awaiting further details regarding the bank's operationalization, capital structure, lending framework, and eligibility requirements. Meanwhile, the 24-Hour Economy Programme is expected to play a pivotal role in job creation and industrial expansion. Manufacturers, exporters, agribusinesses, and service providers are keen on understanding potential tax incentives, financing arrangements, and other measures to foster investment, production, and employment generation.\n\nThe most substantial policy focus is the proposed US$10 billion economic transformation programme, which is part of the government's strategic shift towards jobs and prosperity. This four-year plan involves annual investments equivalent to 1.5% of GDP, totaling approximately $10 billion. The initiative targets seven key sectors: macroeconomic stability, commercial agriculture and agri-industry, energy sector reforms, critical minerals and value addition, the cotton, textile and garment industry, tourism, culture and creative arts, and the development of a pharmaceutical manufacturing hub. Business confidence and public perceptions of the economy may be significantly influenced by how the 2027 Budget addresses these strategic sectors, particularly with regard to the Women's Development Bank, 24-Hour Economy Programme incentives, and the $10 billion economic transformation agenda.",
  "summary": "As Ghanaians await the presentation of the 2027 Budget Statement and Economic Policy, attention is likely to focus not only on measures to ease the cost of living but also on how the government intends to implement its broader economic transformation agenda. The post Women’s Development Bank, 24-Hour Economy incentives and $10b plan top expectations for 2027 budget appeared first on Ghana…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}