ATO FORSON EYES FIRST WEEK OF NOVEMBER FOR 2027 BUDGET AS GOVERNMENT PLANS JOBS AND INFRASTRUCTURE PUSH

Finance Minister Dr Cassiel Ato Forson says Ghana's 2027 Budget could be presented to Parliament in the first week of November 2026. The budget is expected to focus on job creation, major infrastructure projects, new incentives for businesses and the government's planned 10 billion dollar economic programmed.
Finance Minister Dr Cassiel Ato Forson has indicated that Ghana's 2027 Budget could be presented to Parliament in the first week of November 2026, with the government preparing a package focused on job creation, major infrastructure projects and new incentives for businesses.
Speaking in an interview with Ahenfia FM in Kumasi, Dr Forson said preparations were intensifying for the government's next budget and a new economic programme aimed at moving Ghana from economic stabilisation towards stronger growth.
The Finance Minister said the government had spent the first two years of its administration concentrating on stabilising the economy and was now preparing for what it considers the next phase of economic expansion.
Details of the new policies and programmes are expected to be announced in the 2027 Budget.
JOB CREATION AND INFRASTRUCTURE
Dr Forson said the budget would outline major infrastructure projects alongside policy measures designed to generate employment.
The government also plans to introduce fresh incentives intended to help businesses expand their operations and enter new areas of economic activity.
According to the Finance Minister, these measures will form part of a broader strategy to stimulate investment and accelerate economic growth.
The initiatives are also linked to the government's new economy programme, under which it intends to invest approximately 10 billion dollars to stimulate economic activity.
The full details of how the proposed investment will be allocated are expected to become clearer when the budget is presented.
BUDGET PREPARATIONS INTENSIFY
The Finance Ministry has already begun consultations with ministries, departments and agencies as preparations for the 2027 Budget gather momentum.
Some ministries have appeared before the Finance Ministry to justify their proposed expenditure for the coming financial year.
The engagements are expected to help the government determine its spending priorities and identify sectors capable of supporting employment, investment and economic expansion.
The process will also help shape the government's new economic programme as officials assess potential investment opportunities across different sectors.
WHY THE BUDGET IS EXPECTED IN NOVEMBER
Presenting the 2027 Budget before the end of 2026 allows Parliament to consider and approve government expenditure before the new financial year begins on January 1.
Under Ghana's public financial management framework, the Finance Minister is required to present the budget for the following financial year within the statutory timeline.
Dr Forson's indication that the budget could be delivered during the first week of November would give lawmakers time to scrutinise the government's spending and revenue plans before the beginning of 2027.
The upcoming budget is expected to provide greater detail on the government's economic priorities as it attempts to translate recent stabilisation efforts into stronger growth, job creation and infrastructure development.
