Finance Minister Dr Cassiel Ato Forson has started engagements with key government ministries as preparations intensify for the rollout of the government’s New Economy transformational programme.
The initiative is expected to move Ghana into a new phase of economic development, with government seeking to leverage an estimated $10 billion in investments to expand production, create jobs and generate greater wealth.
As part of the preparatory process, Dr Ato Forson, together with his deputy, the Ministry’s Chief Director and other senior officials, held discussions with Trade, Agribusiness and Industry Minister Elizabeth Ofosu-Adjare and officials of her ministry.
The consultations are expected to help government identify priority sectors and investment opportunities that can drive the next phase of economic growth, following the progress made under the ongoing macroeconomic stabilisation programme.
Dr Ato Forson has stressed that stabilisation was only intended to provide the foundation for a more ambitious transformation of Ghana’s productive economy.
“Stabilisation was never the destination. It was the price of entry. Ghana has paid that price. What comes next is the work that changes lives at scale—the work of transformation,” he said.
Speaking during the presentation of the 2026 Mid-Year Fiscal Policy Review, the Finance Minister said the New Economy agenda would seek to make Ghana less vulnerable to external shocks by strengthening domestic production and expanding opportunities for businesses and workers.
“Through the New Economy agenda that we will unveil, we will build an economy that does not merely withstand shocks but creates jobs, generates wealth and grows on the strength of what Ghana produces,” he said.
President John Dramani Mahama has indicated that the full details of the programme will be presented in the 2027 Budget in November, setting the stage for the government to outline the sectors and projects expected to anchor the proposed transformation.
The ongoing ministerial consultations therefore form part of the groundwork ahead of the programme’s launch, as government moves to translate its economic stabilisation gains into long-term investment, employment and sustainable growth.
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