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Ghana prepares 2027 Budget featuring US$10bn New Economy programme
Ghanaian Finance Minister Dr Cassiel Ato Forson has announced that the government is finalizing preparations for the 2027 Budget, which is expected to introduce a US$10 billion ‘New Economy’ programme. The initiative, described by President John Dramani Mahama as a ‘game changer,’ aims to move the country beyond macroeconomic stabilization toward structural transformation, focusing on job creation, productive investment, and infrastructure.
Budget hearings with various ministries, departments, and agencies are concluding this week to align spending plans with the government’s economic agenda. The 2027 Budget is intended to provide the detailed policy architecture for the New Economy programme, which seeks to build an economy capable of generating wealth through domestic production.
In response to public calls for input on budget priorities, citizens have highlighted several key concerns. Major themes include the need for increased employment opportunities—particularly for teachers, nurses, and youth—as well as greater support for the agricultural sector through mechanization and irrigation. Additionally, respondents emphasized the importance of addressing the cost of living, specifically regarding electricity and fuel prices.
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- [● 2 SOURCES] President John Dramani Mahama described the New Economy programme as a ‘game changer’ for Ghana. norvanreports.com · www.myjoyonline.com
- [○ 1 SOURCE] Public feedback on budget priorities includes calls for job creation, agricultural investment, and lower cost of living. thehighstreetjournal.com
- [● 2 SOURCES] Budget hearings involving ministries, departments, and agencies are concluding this week. norvanreports.com · www.myjoyonline.com
- [● 2 SOURCES] Finance Minister Dr Cassiel Ato Forson stated that the interests of Ghanaians are the government’s overriding consideration for the 2027 Budget. norvanreports.com · www.myjoyonline.com
- [● 2 SOURCES] The 2027 Budget is expected to unveil a US$10 billion New Economy programme. norvanreports.com · www.myjoyonline.com