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Ghana Unveils $10 Billion Plan to Transform Economy


Ghana plans to invest $10 billion in a domestically funded program aimed at boosting production, exports, and employment. The program will span four years, beginning in 2027. Finance Minister Cassiel Ato Forson announced the initiative while presenting the 2027 budget to Parliament, identifying agriculture, energy infrastructure, technology, textiles, garments, and mineral processing as priority sectors. The budget also outlines plans to retire more than $2.48 billion in domestic debt ahead of schedule and repay a restructured Eurobond due in January 2027. The announcement marks Ghana’s first budget since it wrapped up a $3 billion IMF program that helped rein in inflation from a 54.1% peak in late 2022.



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