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Ghana has made significant gains and emerged from its worst economic crisis, the Minister of Finance Dr Cassiel Ato Forson, has said.

He says that stability is restored, confidence is back, and Ghanaians can breathe again.

Presenting the 2027 budget statement to Parliament on Thursday, November 12, he said, "Ghana has made significant gains, has emerged from the most painful economic crisis in our history, stability has returned, confidence is back, and Ghanaians can breathe again."

"The Ghanaian people paid heavy prices; the debt restructuring imposed severe hardships,"

Dr Forson further stated that "We [Ghana] have grown but we have not built enough resilience into that growth."

Prior to the budget presentation, the Minister of Government Communications Felix Kwakye Ofosu said that the New Economy that will be announced by the Finance Minister in the 2027 budget statement will spell out clear plans to provide jobs for the youth.

He says the New Economy is not business as usual; it intends to serve a useful purpose.

"It is not business as usual; it creates jobs for the youth; it is a government programme intended to transform the economy over the next four years. 24-hour economy was never meant to be an event; it was a government initiative that brings incentives to the private sector," he told TV3 ahead of the 2027 budget presentation on Thursday November 12.

"Substantial work has gone into it; yes, we are yet to realise the full scale of the programme," he added.

Laud NarteyLaud Nartey is a current affairs editor with the MG News team at Media General, serving TV3 Ghana, 3News, Onua TV and more platforms.

2027 Budget: Ghana has emerged from its worst economic crisis - Finance Minister

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