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Ato Forson to present 2027 Budget to Parliament on November 12

by The Sikaman Times
October 30, 2026
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The Finance Minister, Dr Cassiel Ato Forson, will present the 2027 Budget Statement and Economic Policy to Parliament on November 12, 2026.

Deputy Finance Minister Thomas Nyarko Ampem announced the date, indicating that the budget will focus on transitioning the economy from stabilisation to increased productivity and job creation.

The government’s policy priorities include technology-driven economic growth, youth employment, local industrial development, revenue mobilisation and improved access to financing for businesses.

The government is expected to advance its much-touted policies, including the 24-hour economy policy and the “Big Push” infrastructure initiative and Women’s Development Bank, as part of efforts to create jobs and expand economic opportunities.

The minister is also expected to provide details of the government’s $10 billion “New Economy” initiative, as well as funding arrangements for the Accra-Kumasi Expressway, which is scheduled to commence in January 2027.

The budget is also expected to promote domestic processing and value addition to reduce reliance on raw material exports. In addition, the government plans to explore the use of artificial intelligence and automation to improve revenue collection at the country’s ports.

The budget presentation comes amid improvements in key economic indicators. Ghana recorded economic growth of 6% in 2025, while growth reached 6.2% in the first half of 2026. Inflation also declined from 23.8% in December 2024 to 5.2% in September 2026.

However, analysts argue that the improvements in macroeconomic indicators have yet to translate into noticeable and sustained relief in the cost of living or significant job creation, particularly for young people.

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