The government will introduce a comprehensive four-year economic transformation plan dubbed the “New Economy” in the 2027 Budget Statement and Economic Policy, Minister of State in charge of Government Communications, Felix Kwakye Ofosu, announced.
The minister disclosed this in a Facebook post ahead of the presentation of the 2027 Budget by the Minister for Finance, Dr Cassiel Ato Forson, in Parliament on Thursday, November 12, 2026.
According to him, the proposed plan will focus on major investments in the productive sectors of the economy as part of efforts to drive economic transformation.
“On Thursday, 12 November, 2026, Minister for Finance, Dr Cassiel Ato Forson, will through the 2027 Budget Statement and Economic Policy of Government, introduce the New Economy- a comprehensive four-year economic transformation plan under which major investments will be made in the productive sectors of the economy,” he stated.
The Finance Minister’s presentation of the 2027 Budget is expected to outline the government’s economic policy direction and priorities for the coming year.
In a similar post, Dr Cassiel Ato Forson explained that the planned ‘New Economy’ policy will transform the structure of Ghana’s economy.
“A while ago, during a meeting with the National House of Chiefs, I explained to our distinguished traditional leaders that the New Economy will transform the structure of Ghana’s economy,” the finance minister said.
