The National Development Planning Commission (NDPC) is to monitor and assess the implementation of the government’s proposed US$10 billion New Economy Programme, Finance Minister Dr Cassiel Ato Forson has announced.
Dr Forson said the Commission would play a critical role in tracking the programme’s progress and assessing whether its interventions translate into measurable development outcomes.
He made the disclosure when he engaged the leadership of the NDPC, led by its Chairman, Dr Nii Moi Thompson, on Monday, September 7, 2026, as part of consultations ahead of the 2027 Budget.
The full details of the New Economy Programme are expected to be unveiled in the 2027 Budget, which is scheduled to be presented to Parliament in November.
According to Dr Forson, the programme is designed to take Ghana beyond economic stabilisation towards increased production, job creation, wealth generation and sustainable growth.
“Stabilisation was never the destination. It was the price of entry. Ghana has paid that price. What comes next is the work that changes lives at scale, the work of transformation,” he said.
He also said the government’s objective was to build an economy capable of withstanding shocks while creating jobs, generating wealth and growing on the strength of what Ghana produces.
The Finance Minister’s comments came as Dr Thompson urged government to ensure that the improved macroeconomic conditions translate into structural transformation, higher productivity and better livelihoods.
Dr Thompson said the New Economy Programme presented an opportunity to tackle longstanding structural constraints, including low productivity, infrastructure gaps and limited economic diversification.
He said the next phase of economic management must focus on building a more productive and resilient economy capable of generating jobs and creating sustainable prosperity.
The NDPC Chairman also pointed to the Consolidated National Development Plan being developed by the Commission as a long-term framework for sustaining Ghana’s development gains and ensuring continuity in national transformation beyond electoral cycles.
The Director-General of the NDPC, Dr Audrey Smock Amoah, meanwhile, highlighted the “New Values, New Society” campaign incorporated into the Consolidated National Development Plan.
She said the initiative required minimal national funding but was intended to drive high-impact solutions to challenges including corruption, law and order and productivity.
The government has indicated that the proposed US$10 billion New Economy Programme will target key sectors of the economy, with the 2027 Budget expected to provide details on its implementation.
Source: www.kumasimail.com
