Finance Minister Dr. Cassiel Ato Forson told the National House of Chiefs that the New Economy programme is a four‑year plan to transform Ghana’s economic structure. The initiative will be formally launched on Thursday, 12 November 2026, alongside the 2027 Budget presentation.
During the meeting, Dr. Forson explained that the programme, covering 2027 to 2030, seeks to increase local manufacturing and agriculture, raise domestic processing of raw materials, reduce import dependence, support private‑sector exports and create jobs. The government is targeting an investment of US$10 billion over the four years and aims to grow the economy beyond 6.0% year‑on‑year.
Ogyeahoho Yaw Gyebi II, President of the National House of Chiefs, praised the finance minister as a “hardworking finance minister” and expressed hope that the upcoming Budget would address youth unemployment.
What to watch: The formal unveiling of the New Economy programme will occur during the 2027 Budget presentation, where detailed policies and funding allocations will be disclosed.
