Ghana’s finance minister discusses 2027 budget with industrialists — MyJoyOnline

In Ghana, Finance Minister Cassiel Ato Forson held consultations with the Association of Ghana Industries and executives of leading companies as part of preparations for the 2027 budget. As MyJoyOnline reports, the official urged businesses to invest, stating that the government intends to preserve the gains made in stabilizing the economy.

Economic transformation plan

According to Forson, the government will present an economic transformation plan in the 2027 budget, designed to move the economy from stabilization to transformation. It will provide for $10 billion in investment in strategic sectors over the next four years.

More current news is available on the UA.News Telegram channel Telegram.

The minister said the purpose of these investments is to increase production, develop processing and value addition, expand exports, and create jobs. He also pledged to continue reducing the cost of capital for businesses.

Industrialists’ position

Forson called on companies to support domestic revenue mobilization in order to reduce excessive government borrowing. Kofi Nsia-Poku, president of the Association of Ghana Industries, positively assessed the government’s economic stabilization efforts. In his view, industrial growth and job creation should become the next priorities.