The government is set to introduce a comprehensive four-year economic transformation plan, dubbed the “New Economy,” through the 2027 Budget Statement and Economic Policy.
Minister of State in charge of Government Communications, Felix Kwakye Ofosu, announced the initiative in a Facebook post, saying it would involve significant investments in the productive sectors of the economy.
The plan is expected to be presented by Finance Minister Dr Cassiel Ato Forson when he delivers the 2027 Budget Statement to Parliament on Thursday, November 12, 2026.
According to Mr Kwakye Ofosu, the initiative forms part of the government’s broader strategy to transform Ghana’s economy over the next four years.
He, however, did not provide further details on the specific sectors to be targeted or the nature and scale of investments expected under the programme.
The proposed “New Economy” plan is expected to outline the government’s economic priorities and investment strategy for the 2027–2030 period.