Finance Minister Dr. Cassiel Ato Forson is expected to present the 2027 Budget to Parliament today, Thursday, November 12, with government targeting a primary surplus of 0.5 per cent of Gross Domestic Product (GDP).
The fiscal target forms part of Ghana’s commitments under its 36-month Policy Coordination Instrument (PCI) with the International Monetary Fund (IMF).
In its statement following a mission to Accra from October 22 to November 4, the Fund said the 2027 fiscal framework would build on recent consolidation efforts while creating room for priority investments.
“The 2027 Budget is built on strong foundations. Consistent with the PCI, it targets a primary surplus of 0.5 percent of GDP on a commitment basis, supported by revenue measures already approved by the Parliament in July,” the IMF stated.
The Fund said the fiscal space would support investment under the government’s New Economy agenda, including job creation and infrastructure development.
It also stressed the importance of rigorous project appraisal, competitive procurement and strict expenditure controls to protect public resources and maintain debt sustainability.
On revenue mobilisation, the IMF projected further growth in non-oil revenue in 2027, supported by tax measures approved in July 2026, changes to customs and excise legislation and improvements in revenue administration.
Dr. Forson’s presentation is expected to provide details of how government intends to meet the fiscal target while financing its development priorities.
