Accra: The Chairman of the National Development Planning Commission (NDPC), Dr. Nii Moi Thompson, has emphasized the importance of translating Ghana's recent macroeconomic stability into sustained structural transformation through the government's New Economy Plan. This initiative aims to boost productivity, create jobs, and enhance livelihoods across the nation.
According to Ghana News Agency, Dr. Thompson made these remarks during a meeting between the NDPC and the Ministry of Finance. This engagement is part of the ongoing consultations led by the Minister of Finance, Dr. Cassiel Ato Forson, in preparation for the 2027 Budget presentation to Parliament scheduled for November.
Dr. Thompson highlighted the New Economy Plan as a vital opportunity to tackle longstanding structural issues impeding Ghana's development, such as low productivity, infrastructure deficiencies, and limited economic diversification. He urged that the next phase of economic management should concentrate on constructing a more resilient economy capable of generating sustainable prosperity and employment opportunities.
He further noted that the Consolidated National Development Plan, currently being developed by NDPC, is designed to provide a strategic long-term framework to sustain Ghana's development achievements and ensure continuity beyond electoral cycles.
Dr. Forson, on his part, elaborated on the government's vision for the New Economy Plan, which aims to shift Ghana from mere economic stabilization to increased production, job creation, wealth generation, and sustainable growth. He acknowledged the critical role of NDPC in monitoring progress and evaluating the program's implementation to guarantee tangible development outcomes.
In addition, Dr. Audrey Smock Amoah, the Director-General of NDPC, expressed gratitude to the Minister of Finance. She emphasized that the new values and new society campaign, integrated into the Consolidated National Development Plan, requires minimal national funding. Despite this, the initiative is designed to provide high-impact solutions to pressing national challenges, including corruption, law and order, and productivity, with a focus on respect for time.
The New Economy Plan is being advanced as part of Ghana's transition from macroeconomic stabilization to enduring structural reforms aimed at long-term transformation. NDPC's Consolidated National Development Plan is expected to serve as the comprehensive framework ensuring continuity, consistency, and measurable progress across electoral cycles.