The Minister of Finance, Dr Cassiel Ato Baah Forson, will present the 2027 Budget and Economic Policy to Parliament on Thursday, November 12, 2026.
Ahead of the presentation, he has said the budget will unveil the details of the New Economy programme, a four-year investment plan announced by President John Dramani Mahama.
The budget will set out how the government plans to turn the economic recovery into decent jobs for young people, better incomes for farmers, and more opportunities for Ghanaian businesses to expand.
“Next week, I will show how the New Economy will turn the gains we have made together into jobs and prosperity for all,” Dr Forson said in a post on his Facebook on Tuesday, November 3, 2026.
“Ghanaians made sacrifices to get our economy back on its feet. Now, that recovery must mean decent jobs for our young people, better incomes for our farmers and room for Ghanaian businesses to grow and hire,” he added.
The $10 billion programme, which will run from 2027 to 2030, is designed to expand domestic production, increase the share of raw materials processed locally, and help Ghanaian firms sell more at home and abroad.
Its priority sectors are tourism, textiles and garments, agriculture and agribusiness, pharmaceuticals, and oil palm production.
The budget will also map out how to raise the $10 billion to finance the seven pillars earmarked under the programme.
The budget comes after Ghana completed the final review of its IMF-supported lending programme in July, with figures from the Ghana Statistical Service showing the economy grew by 6.0 per cent in the second quarter of 2026, while annual inflation stood at 5.2 per cent in September.
Dr Forson signalled the shift towards job creation in the July Mid-Year Fiscal Policy Review, and the November budget is expected to show which investments the government will prioritise in 2027 and how it intends to finance them while preserving the gains of the recovery.
After completing the IMF-backed Extended Credit Facility programme, the government has opted for the Policy Coordination Instrument, a non-funded assistance programme of the IMF.
The presentation of the budget is stipulated by Article 179 of the 1992 Constitution, which provides that the President shall cause to be prepared and laid before Parliament, at least one month before the end of the financial year, estimates of revenues and expenditure for the following financial year.
In addition, the Public Financial Management Act, 2016 (Act 921) provides the statutory framework for budget preparation, fiscal discipline, macro-fiscal policies, debt management and reporting, with specific roles assigned to the Minister of Finance.
IMF praises Ghana’s growth and fiscal position after first PCI review
