{
  "id": 19691676,
  "title": "Government targets 8% economic growth, commits $10bn to new economy programme",
  "url": "https://urgent.news/2026/11/12/government-targets-8-economic-growth-commits-10bn-to-new-economy",
  "topic": "world",
  "section": "World",
  "published": "2026-11-12T19:10:48.000Z",
  "source": {
    "name": "GBC Ghana",
    "slug": "gbc-ghana",
    "url": "https://www.gbcghanaonline.com/news/government-targets-8-economic-growth-commits-10bn-to-new-economy-programme/2026/"
  },
  "original_language": "en",
  "account": "Finance Minister Dr. Cassiel Ato Forson outlined the first pillar of Ghana's New Economy Programme, focusing on macroeconomic stability, affordable financing, and private-sector growth. The government aims for an 8% real GDP growth rate, low unemployment, and a path towards an investment-grade sovereign credit rating. The 2027 Budget Statement and Economic Policy emphasized maintaining a primary surplus above 0.5 percent of GDP, public debt at 45% of GDP, and single-digit inflation. To support the programme, the government will invest $10 billion over four years (2027-2030) by reducing the primary surplus target to 0.5 percent of GDP and generating revenue through tax reforms. The first year's investment is GH¢30 billion, or 1.5% of GDP, focusing on strategic infrastructure, energy, transport, technology, skills development, and other productive sectors. Dr. Forson stressed that the program should be investment-led, export-capable, and job-intensive, with every project undergoing rigorous appraisal and value-for-money assessments. The program's success would be measured by its impact on jobs, incomes, living standards, and the productive capacity of the Ghanaian economy.",
  "summary": "By Marcella Mwinkoma Babing Finance Minister Dr Cassiel Ato Forson has outlined the first pillar of the government’s New Economy Programme, placing emphasis on sustaining macroeconomic stability, expanding access to affordable financing and driving private-sector-led growth. Presenting the 2027 Budget Statement and Economic Policy in Parliament on Thursday, November 12, 2026, Dr Forson said the…",
  "key_points": [
    "Ghana aims for 8% real GDP growth by 2027",
    "Government invests $10 billion in new economy programme (2027-2030)",
    "Programme focuses on infrastructure, energy, transport, technology"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "MyJoyOnline Ghana",
        "title": "Government commits GH¢30bn to New Economy Programme in 2027",
        "url": "https://urgent.news/2026/11/12/government-commits-gh-30bn-to-new-economy-programme-in-2027",
        "published": "2026-11-12T19:09:43.000Z"
      }
    ]
  },
  "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."
}