Finance Minister Dr Cassiel Ato Forson is expected to present Ghana’s 2027 Budget Statement to Parliament on November 12, with the government set to shift its economic focus from stabilisation to productivity, job creation and technology-driven growth.
Deputy Finance Minister Thomas Nyarko Ampem said the budget would outline the next phase of the government’s economic programme, focusing on translating recent macroeconomic gains into improved living standards.
Speaking at the launch of Ghana in Numbers 2025 in Accra, Mr Ampem said the government’s priority was to build on economic stability to generate employment, increase incomes and expand opportunities for Ghanaians.
“Stability is the foundation. Productivity is the engine. Jobs and prosperity must be the destination,” he said.
He cited economic growth of 6 per cent in 2025 and 6.2 per cent in the first half of 2026 as signs of progress. He also noted that inflation had declined from 23.8 per cent in December 2024 to 5.2 per cent in September 2026.
Mr Ampem said the next phase would prioritise local value addition, stronger businesses and opportunities for young people.
He stressed the need to reduce Ghana’s dependence on exporting raw materials by expanding the production and export of higher-value goods and services.
“We must move from exporting raw materials to exporting value and from producing job seekers to nurturing innovators, entrepreneurs and job creators,” he said.
The 2027 Budget is expected to set out measures to boost productivity, create jobs and ensure that economic stability delivers tangible benefits for households and businesses.
