Government is expected to outline its plans for the use of petroleum revenue in the 2027 Budget Statement and Economic Policy, with particular attention on how oil proceeds will support major infrastructure projects.

Deputy Finance Minister Thomas Nyarko Ampem disclosed this during a closed-door engagement with members of the Parliamentary Press Corps ahead of the budget presentation, he said Finance Minister Dr Cassiel Ato Forson would provide further details on how petroleum revenue would be deployed to support infrastructure development and other national priorities.

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The announcement comes after the government decided to use oil inflows to fully fund the proposed Accra-Kumasi Expressway, one of its major road infrastructure projects.

The expressway is expected to improve transportation between Accra and Kumasi, two of Ghana's key economic centres, and ease movement for businesses and commuters.

According to report from citinewsroom.com on Wednesday November 11, 2026, Thomas Nyarko assured Ghanaians that the 2027 Budget will not introduce any new taxes as part of efforts to support businesses and households.

Nyarko Ampem indicated that the upcoming budget would explain the government's broader approach to managing and allocating petroleum revenue in the coming years.

His comments suggest that the use of oil proceeds to finance the expressway will form part of the government's wider development spending plans.

The 2027 Budget is scheduled to be presented to Parliament on Thursday, November 12, 2026.

ANAS/EB

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