- Ghana targets $10bn in investment-led growth after exiting IMF bailout.
- Early debt repayments reassure bondholders, but fiscal pressures threaten recovery.
ACCRA, GHANA – Ghana is betting on infrastructure, cheaper credit and early debt repayments to attract investors, but its ambitious 2027 budget faces a crucial fiscal credibility test.
Finance Minister Cassiel Ato Forson told Parliament on Thursday, 12 November, that GHS30bn, equivalent to 1.5% of GDP, would launch a four-year, $10bn New Economy programme. It is Ghana’s first budget since completing its $3bn International Monetary Fund bailout in July, marking a transition from crisis management to investment-led growth.
This article is free to read.
Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.
Create your free account or sign in