Ghana: The Minister for Finance, Dr Cassiel Ato Forson, has begun consultations with key ministries on the government's New Economy transformational programme. Dr Forson, accompanied by his deputy, the Ministry's Chief Director, and other senior officials, met with the Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, and officials of her ministry.
According to African Press Organization, the engagement is part of preparations for the programme, which aims to move Ghana beyond economic stabilisation towards job creation, wealth generation, and sustainable growth. Presenting the 2026 Mid-Year Fiscal Policy Review, Dr Forson stated that the New Economy agenda will focus on building an economy that not only withstands shocks but also creates jobs, generates wealth, and grows based on Ghana's production capabilities.
Dr Forson emphasized that stabilisation was a necessary step, but not the final goal. He remarked that stabilisation was the "price of entry" that Ghana has paid, and the next phase would focus on transformative efforts that have a large-scale impact on people's lives.
President John Dramani Mahama has announced that the programme will involve a US$10 billion investment in key sectors of the economy. He also mentioned that the full details of the transformational programme would be revealed in the 2027 Budget, set to be presented in November.