Business News of Tuesday, 10 November 2026

Source: www.ghanaweb.com

2027 Budget: What Ghanaians should expect on Thursday

Dr Cassiel Ato Forson is the Minister of Finance Dr Cassiel Ato Forson is the Minister of Finance

Finance Minister Dr Cassiel Ato Forson is expected to present the 2027 Budget Statement to Parliament on Thursday, November 12, 2026, with Ghanaians looking forward to measures that will create jobs, support businesses and improve living conditions.

The budget is expected to explain how the government plans to grow the economy, increase local production and help businesses expand in the coming year.

One major area to watch is the government's proposed US$10 billion New Economy Programme, which will run from 2027 to 2030. The programme aims to support agriculture, manufacturing and other sectors to create more jobs.

The Finance Minister has already stated that the government does not intend to take on additional loans to fund the programme. Instead, it plans to use money raised locally and savings from government spending.

No new borrowing for New Economy Programme - Ato Forson

Job creation is also expected to receive attention, especially as many young people continue to struggle to find employment. Ghanaians will be looking for clear plans to create jobs and support small businesses.

Taxes will be another major area of interest. Businesses and individuals will be watching to see whether the government will reduce some taxes, introduce new measures or make changes that could affect their income and spending.

The cost of living is also expected to feature in discussions around the budget.

Although inflation has fallen significantly compared with previous years, many households are still concerned about food prices, transport costs and other daily expenses.

Agriculture is another sector to watch. Farmers and businesses in the sector will be hoping for more support to increase food production, improve storage facilities and reduce the country's dependence on imported food.

The budget is also expected to provide updates on road construction, energy projects and other infrastructure developments aimed at improving business activities across the country.

Government spending and debt management will equally attract attention, as the Finance Minister is expected to explain how the country will raise money, fund development projects and manage its financial obligations.

For many Ghanaians, the biggest expectation will be whether the budget introduces practical measures that can make life easier, create employment and improve incomes.

Treasury bill demand surges as investors await 2027 Budget

Thursday's presentation will be closely watched by households, businesses and investors as the government outlines its economic plans for 2027.

DR/EB

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