By: Franklin ASARE-DONKOH
The Minister of Finance, Dr. Cassiel Ato Baah Forson, has disclosed that the John Mahama-led administration is set to unveil a comprehensive “new economy” framework aimed at attracting investment into strategic sectors capable of driving long-term economic growth and generating sustainable returns.
The comprehensive “new economy” framework will be unveiled during the 2027 Budget presentation, according to him.
Addressing participants at the Ghana-UK Investment Summit 2026, Dr. Forson explained that the initiative forms part of the government’s broader strategy to channel resources into productive sectors that can expand the economy while creating the capacity to repay investments over time.
According to the finance minister, the framework will identify priority areas for investment across commercial agriculture, mining value addition, energy, and transport infrastructure.
He hinted that the government is seeking to shift its focus towards sectors with strong growth potential and significant economic impact.
The energy sector is also expected to feature prominently, with planned investments in gas-to-power and gas-to-fertiliser projects designed to strengthen energy security and support industrial development.
Beyond agriculture, mining, and energy, Dr. Forson disclosed further that the framework will prioritise key transport infrastructure projects, including the Western Railway Line and other strategic developments that will be announced when the programme is officially launched.
While noting that work on the final blueprint is still ongoing, Dr. Forson assured investors that the framework is at an advanced stage and will be formally announced by President John Dramani Mahama once the necessary preparations have been completed.
He further noted that the government intends to leverage international financing sources to support the initiative, including export credit agencies, hedge funds, and private investors.
“We want to attract the kind of UK export finance. We want to attract the kind of hedge funds and businesses that you have so that we can get financing to develop the country,” Dr. Forson reiterated.
