{
  "id": 19321681,
  "title": "Ato Forson rules out new loans to fund New Economy Programme",
  "url": "https://urgent.news/2026/11/10/ato-forson-rules-out-new-loans-to-fund-new-economy-programme",
  "topic": "world",
  "section": "World",
  "published": "2026-11-10T11:16:26.000Z",
  "source": {
    "name": "GBC Ghana",
    "slug": "gbc-ghana",
    "url": "https://www.gbcghanaonline.com/news/business/ato-forson-rules/2026/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Finance Minister Dr Cassiel Ato Forson has ruled out the need for additional government borrowing to fund the proposed New Economy Programme, stating that it will rely on increased domestic revenue and savings from fiscal consolidation. The programme, which is expected to receive an annual allocation equivalent to 1.5 per cent of Ghana's GDP from 2027 to 2030, is projected to reach at least US$13 billion over the four-year period. The funding will be sourced through two fiscal measures: allocating 0.5 per cent of GDP from government revenue and reducing the primary surplus target from 1.5 per cent to 0.5 per cent of GDP.",
  "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."
}