{
  "id": 19699608,
  "title": "2027 Budget: Government plans nuclear power development, local mineral processing and railway expansion",
  "url": "https://urgent.news/2026/11/12/2027-budget-government-plans-nuclear-power-development-local-mineral",
  "topic": "world",
  "section": "World",
  "published": "2026-11-12T19:33:18.000Z",
  "source": {
    "name": "GBC Ghana",
    "slug": "gbc-ghana",
    "url": "https://www.gbcghanaonline.com/news/2027-budget-government-plans-nuclear-power-development-local-mineral-processing-and-railway-expansion/2026/"
  },
  "original_language": "en",
  "account": "Ghana's Finance Minister, Dr. Cassiel Ato Forson, introduced a $1.5 billion budget for 2027, detailing investments in industrial minerals, nuclear power, and railway expansion. The plan focuses on manganese, bauxite, lithium, and gold, with an emphasis on local processing, refining, and manufacturing. The government aims to refine at least 70% of artisanal and small-scale gold locally by year-end 2027, increasing to 100% by 2028. Export restrictions on raw materials will be implemented to encourage value addition. Manganese, bauxite, and manganese local processing targets are set for 2028 and 2030. A 24-hour critical mineral processing hub will be established in the Western Region, with a railway connecting Takoradi Harbour to Nyinahini in Ashanti Region. The railway will pass through mineral-rich areas like Nsuta, Awaso, and Twifo Hemang to facilitate transportation and value addition. By 2030, the railway should extend to Hamile in the Upper West Region, with an inland port serving neighboring Sahelian countries. The nuclear power development aims to provide a long-term, reliable energy source for Ghana's future.",
  "summary": "By Osei-Tutu Esther Kumah The government has announced plans to invest 1.5 billion US dollars in developing Ghana’s industrial mineral economy, alongside nuclear power development and railway expansion as part of efforts to strengthen the country’s economy and infrastructure. Presenting the 2027 Budget Statement to Parliament on Thursday, November 12, Finance Minister Dr Cassiel Ato […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Adom Online",
        "title": "2027 Budget: Ato Forson calls for end to recurring economic crises, jobs with dignity",
        "url": "https://urgent.news/2026/11/12/2027-budget-ato-forson-calls-for-end-to-recurring-economic-crises",
        "published": "2026-11-12T19:17:17.000Z"
      }
    ]
  },
  "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."
}