Finance Minister Dr. Cassiel Ato Forson has stated that the interest of the Ghanaian people will remain the government's foremost priority in preparing the 2027 Budget. As budget hearings with ministries, departments, and agencies conclude, Dr. Forson said every spending decision and policy choice would be guided by the needs and aspirations of Ghanaians. This assurance comes as the government prepares to unveil its seminal policy document outlining the US$10 billion New Economy programme.
The 2027 Budget is expected to be a crucial policy document that will outline the government's plans to move the country beyond economic stabilisation and deliver jobs and prosperity. President John Dramani Mahama has described the New Economy programme as a "game changer" for Ghana. The programme aims to drive job creation, support businesses, expand infrastructure, and accelerate Ghana's economic transformation.
Dr. Forson emphasized that through every hearing and every decision, one principle remains non-negotiable: the interest of the Ghanaian people comes first. The ongoing budget hearings are helping the government assess the priorities and spending plans of state institutions and align them with the New Economy programme. This process will ensure that the budget reflects the needs and aspirations of Ghanaians.
The government has been engaging with various stakeholders, including ministries, departments, and agencies, to ensure that the budget is comprehensive and effective. The budget is expected to set out the key sectors, investments, and policy interventions that will drive economic growth. By prioritizing the interests of Ghanaians, the government aims to ensure that the budget is people-centred and responsive to their needs.
The US$10 billion New Economy programme is a flagship initiative of the government aimed at transforming Ghana's economy. The programme is expected to have a positive impact on the lives of Ghanaians, creating jobs and improving living standards. The government's commitment to prioritizing the interests of Ghanaians is seen as a positive step towards achieving this goal.
As the government prepares to unveil the 2027 Budget, there is growing anticipation about the potential impact of the New Economy programme on Ghana's economy. The budget is expected to provide a clear roadmap for the implementation of the programme, including key sectors, investments, and policy interventions. Ghanaians are eagerly awaiting the budget, hoping that it will bring about positive change and improve their lives.
The Finance Minister's assurance that the interest of Ghanaians comes first in the 2027 Budget is seen as a reaffirmation of the government's commitment to people-centred governance. The government is expected to continue engaging with stakeholders to ensure that the budget reflects the needs and aspirations of Ghanaians. The 2027 Budget is expected to be a critical document that will shape the future of Ghana's economy and the lives of its citizens.
Key points
- The 2027 Budget will prioritize the interests of Ghanaians under the US$10 billion New Economy programme.
