Finance Minister, Dr Cassiel Ato Forson, has said the government’s responsibility is to build an economy that produces more goods, retains more wealth within Ghana and creates productive jobs for citizens.

Presenting the 2027 Budget Statement and Economic Policy in Parliament on Thursday, November 12, 2026, the minister said the country’s economic recovery had created an opportunity to invest in its long-term development.

“Our responsibility is to build an economy that produces more, retains more value at home and creates productive jobs,” he stated.

Dr Ato Forson explained that Ghana must use its improved financial position to strengthen local production and reduce its vulnerability to future economic crises.

He said the fiscal space the country had regained would enable the government to invest in development projects rather than focus solely on addressing immediate economic challenges.

“Mr Speaker, fiscal space is more than room in a budget. It is recovered national freedom,” he said.

The Finance Minister added that stronger international reserves would give Ghana greater room to make independent economic decisions and invest in long-term development.

He explained that this was particularly important at a time when foreign aid was changing, trade tensions were rising and access to international funding was becoming increasingly uncertain.

Dr Ato Forson said Ghana must strengthen local production to withstand global economic challenges and protect its national interests.

He also acknowledged the sacrifices Ghanaians had made during the economic crisis, stressing that the country’s improved financial position must be protected.

“Mr Speaker, the fiscal space we have recovered is a national asset purchased through the sacrifices of our people,” he stated.

The government’s New Economy Programme aims to boost local production, develop industries and create more jobs for Ghanaians.

DR/MA

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