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Government to Unveil Plans for New Economy Framework in 2027 Budget

Finance Minister Dr. Cassiel Ato Forson says government will launch a new economy framework in the 2027 Budget to attract investment into agriculture, energy, mining, and infrastructure.

Prince Agyapong
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Monday, 1 June 2026
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Government to Unveil Plans for New Economy Framework in 2027 Budget

Finance Minister Dr. Cassiel Ato Forson has announced plans for a comprehensive new economy framework to be unveiled in the 2027 Budget, aimed at attracting investment into key sectors capable of driving sustainable economic growth and long-term returns.

Speaking at the Ghana-UK Investment Summit 2026, Dr. Forson said the initiative forms part of the government’s broader strategy to channel resources into productive sectors that can expand the economy while creating the capacity to repay investments over time.

According to him, the framework will identify priority areas for investment, including commercial agriculture, mining value addition, energy, and transport infrastructure.

He explained that government is shifting its focus towards sectors with strong growth potential and the ability to generate significant economic impact.

Energy and Infrastructure to Feature Prominently

The Finance Minister revealed that the energy sector will play a central role in the new programme, with planned investments in gas-to-power and gas-to-fertiliser projects intended to strengthen energy security and support industrial development.

He also highlighted major transport infrastructure projects as key components of the framework. Among them is the Western Railway Line, alongside other strategic developments that will be announced when the programme is formally launched.

Dr. Forson noted that although work on the final blueprint is still underway, preparations are at an advanced stage.

Government Seeks International Financing Support

The Minister said government intends to mobilise funding from a range of international sources to support the initiative, including export credit agencies, hedge funds, and private sector investors.

“We want to attract the kind of UK export finance. We want to attract the kind of hedge funds and businesses that you have so that we can get financing to develop the country,” he stated.

Dr. Forson added that President John Dramani Mahama will officially unveil the framework once consultations and preparations are completed.

The initiative is expected to serve as a roadmap for attracting investment, boosting productivity, and accelerating Ghana’s long-term economic transformation through targeted development of high-growth sectors.

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