Finance Minister Dr Cassiel Ato Forson is set to present the 2027 Budget to Parliament today, November 12, 2026, amid several concerns and demands raised by businesses, farmers, economists and the Minority in Parliament.
From taxation and the high cost of living to job creation and government spending, many Ghanaians are looking forward to policies that will improve their livelihoods and support businesses.
One of the major issues raised is the call by the Ghana Union of Traders' Associations (GUTA) for the government to reintroduce the flat-rate VAT system.
GUTA has proposed a rate of between 6% and 7%, arguing that the system would make it easier for traders to meet their tax obligations.
2027 Budget: What Ghanaians should expect on Thursday
Farmers have also called on the government to allocate at least 10% of the national budget to agriculture to boost food production, support farmers and improve food security.
The business community is equally calling for lower interest rates, easier access to loans and measures to reduce the cost of doing business.
Another major issue is the government's proposed US$13 billion New Economy Programme, which aims to boost local production, create jobs and support businesses.
The Finance Minister has assured Ghanaians that the government will not borrow to finance the programme.
Meanwhile, the Minority in Parliament has raised concerns about the implementation of the government's flagship 24-Hour Economy programme.
The Minority has questioned the progress made under the initiative and called on the government to provide clear details on its implementation, funding and the number of jobs created so far.
It also wants the government to explain how the programme will deliver on its promise of creating employment opportunities for Ghanaians, particularly the youth.
The Minority has further criticised the decision to schedule the Budget presentation for 6 p.m., questioning why the Finance Minister chose to address Parliament in the evening.
Minority Leader Alexander Afenyo-Markin suggested that the timing could prevent many Ghanaians from following the presentation.
“He wants Ghanaians to be sleeping,” the Minority Leader said, questioning why the Finance Minister could not present the Budget earlier in the day.
The Minority has also raised concerns about the rollout of the new Heritage Series currency, questioning why Parliament had not been adequately briefed on the initiative.
Despite improvements in inflation, concerns remain about the high cost of goods and services, with many Ghanaians hoping the Budget will bring relief to households.
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As the Finance Minister presents the Budget today, attention will focus on how the government addresses these concerns, delivers on its promises and introduces policies aimed at improving the lives of Ghanaians.
DR/MA
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