Gov’t to launch “new economy” plan in 2027 Budget to drive investment — Ato Forson

Finance Minister Dr. Cassiel Ato Forson says government will roll out a “new economy” plan in the 2027 Budget to pull investments into sectors that can deliver long-term growth and pay back over time.

Speaking at the Ghana-UK Investment Summit 2026, he explained the framework will target areas like commercial agriculture, mining value addition, energy, and transport. The goal is to move state resources toward industries with high growth potential and real economic impact.

Energy will be a major focus, especially gas-to-power and gas-to-fertiliser projects aimed at boosting energy security and supporting industrialisation. On transport, the Western Railway Line and other key projects will be included, with details to come at launch.

Dr. Forson said the blueprint is still being finalised but is far advanced. President John Dramani Mahama will officially announce it once ready.

To fund it, government plans to tap international sources including UK export finance, hedge funds, and private investors. “We want to attract the kind of UK export finance. We want to attract the kind of hedge funds and businesses that you have so that we can get financing to develop the country,” he said.

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