Thomas Worlanyo Tsekpo, the Member of Parliament for Hohoe and a member of Parliament’s Finance Committee, says Ghana’s planned New Economy programme will create fresh opportunities for young people.
Mr Tsekpo called on Ghanaians to view the initiative as a platform for economic growth ahead of the 2027 Budget, which will be presented by Finance Minister Dr Cassiel Ato Forson.
“The New Economy to open doors for new opportunities, especially job creation,” he wrote on Facebook.
Dr Forson is due to deliver the budget to Parliament on Thursday, 12 November 2026. It will provide details of the government’s New Economy programme, a four-year investment plan first announced by President John Dramani Mahama.
The Finance Minister says the budget will explain how Ghana’s economic recovery can be converted into decent employment for young people, improved earnings for farmers and greater scope for Ghanaian businesses to expand and recruit workers.
“Ghanaians made sacrifices to get our economy back on its feet. Now, that recovery must mean decent jobs for our young people, better incomes for our farmers and room for Ghanaian businesses to grow and hire,” Dr Forson said.
“Next week, I will show how the New Economy will turn the gains we have made together into jobs and prosperity for all.”
The programme is valued at US$10 billion and will run from 2027 to 2030. Its stated aims include increasing domestic production, processing a larger proportion of Ghana’s raw materials within the country, and supporting Ghanaian companies to sell more goods both domestically and internationally.
The budget will be presented after Ghana completed the final review of its IMF-supported lending programme in July.
Figures from the Ghana Statistical Service show that the economy expanded by 6.0 per cent in the second quarter of 2026. Annual inflation was recorded at 5.2 per cent in September.
Dr Forson first indicated a stronger focus on employment during the July Mid-Year Fiscal Policy Review. The November budget is expected to identify the investments the government will prioritise in 2027 and set out how they will be financed while protecting the economic progress achieved during the recovery.
Mr Tsekpo’s comments come as the government prepares to outline how the New Economy will support production, business growth and employment over the next four years.
