Finance Minister Dr. Cassiel Ato Forson took to the podium with a vision for Ghana’s economic future. Addressing a diverse audience of investors and business leaders, Dr. Forson unveiled plans for a sweeping “new economy” framework, set to be the centerpiece of the 2027 Budget.
This ambitious programme, he explained, is designed to attract investment into sectors with the power to transform Ghana’s economy for generations. “We want to channel resources into productive sectors that can expand the economy and create the capacity to repay investments over time,” Dr. Forson stated, underscoring the government’s commitment to sustainable, long-term growth.
Central to this new agenda will be a focus on commercial agriculture, the value addition of minerals, energy, and critical transport infrastructure. The framework will pinpoint priority areas where investment can yield the greatest impact, driving industrial development and job creation. Notably, energy projects, particularly gas-to-power and gas-to-fertiliser initiatives, will play a starring role, strengthening Ghana’s energy security and supporting its industrial ambitions.
Infrastructure is also in sharp focus. The Western Railway Line, alongside other strategic transport projects, will receive significant attention, with full details to be revealed at the official launch.
While the final blueprint is still being fine-tuned, Dr. Forson assured stakeholders that preparations are well advanced. The formal unveiling will be led by President John Dramani Mahama once all elements are in place.
To fuel this vision, the government plans to tap into international financing, ranging from UK export finance to 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,” Dr. Forson affirmed, signaling Ghana’s readiness to welcome global partners in its quest for economic transformation.
Source: Apexnewsgh.com