The Minister for Finance, Dr Cassiel Ato Forson, has announced that the government will roll out a new four-year economic transformation plan starting in 2027, backed by an investment of $10 billion.
Presenting the 2027 Budget Statement and Economic Policy before Parliament on Thursday, November 12, 2026, Dr Ato Forson explained that the programme is designed to address the deep-seated structural challenges facing the Ghanaian economy.
According to the Finance Minister, the initiative seeks to significantly expand local production, ensure more of the country’s natural resources are processed domestically, and convert national wealth into decent jobs, higher incomes, and lasting prosperity for citizens.
He noted that as Ghana approaches its 70th independence anniversary, the nation owes the next generation an economy that reflects the freedom inherited and the sacrifices made by its forefathers. Achieving this vision, he stressed, will demand a fundamental shift in both national thinking and practical action.
Over the four-year period beginning in 2027, the government will commit the cedi equivalent of $10 billion toward building a modern Ghanaian economy anchored on eight interconnected pillars.
These pillars comprise macroeconomic stability and affordable finance, commercial agriculture, energy infrastructure, and critical minerals and value addition. The remaining focus areas include tourism, culture and creative arts, textiles and garments, pharmaceuticals and biomedical manufacturing, as well as the technology economy.
Dr Ato Forson maintained that aligning investments across these eight sectors will create the necessary synergy to drive sustainable growth and secure long-term economic resilience.
By: Rainbowradioonline.com/Ghana
