Cassiel Ato Forson to present 2027 Budget to Parliament on November 12

The Minister of Finance, Dr. Cassiel Ato Forson, is scheduled to present the 2027 Budget Statement and Economic Policy to Parliament on November 12, 2026. This upcoming presentation is expected to outline the government's fiscal strategy for the next year, with a primary focus on transitioning Ghana's recent economic recovery into tangible benefits for citizens. The budget will center on the New Economy Agenda, a policy framework designed to foster inclusive growth and long-term stability.

A central pillar of the 2027 fiscal plan is the proposed US$10 billion New Economy Programme. Initiated by President John Mahama, this ambitious initiative targets the revitalization of local production and the creation of employment opportunities, particularly for the country's youth. The programme aims to provide the necessary capital and infrastructure to support indigenous businesses, reducing Ghana's reliance on imports while strengthening the domestic value chain through strategic interventions.

The budget arrives following a period of improved macroeconomic indicators, including a recorded GDP growth of 6% in 2025 and a steady decline in inflation rates. Dr. Forson is expected to detail how the government intends to leverage these gains to improve the livelihoods of ordinary Ghanaians. This includes specific policy allocations aimed at increasing the incomes of farmers and creating a more favorable environment for private sector expansion and business sustainability.

Furthermore, the presentation will provide detailed insights into how the government plans to support agriculture and local industries through targeted investments. By shifting the national focus toward productivity and inclusive growth, the 2027 Budget seeks to ensure that the benefits of economic stability are felt across all sectors of society. The November 12 presentation will serve as a definitive roadmap for the Mahama administration's economic priorities for the coming fiscal year.