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Ghana’s National Development Planning Commission (NDPC) has been tasked with tracking and assessing the implementation of the government’s proposed “New Economy” programme as the administration prepares to unveil its full details in the 2027 Budget.
Finance Minister Dr Cassiel Ato Forson disclosed this during an engagement on Monday, September 7, 2026, with the leadership of the NDPC, led by its Chairman, Dr Nii Moi Thompson.
NDPC to monitor implementation of New Economy agenda
Dr Forson described the NDPC as a critical stakeholder in the government’s economic transformation agenda, noting that the Commission would play a key role in monitoring progress and assessing the implementation of the programme.
Its involvement is expected to provide an institutional framework for tracking whether the government’s economic priorities are being translated into measurable outcomes as the programme is rolled out.
The engagement comes ahead of the government’s planned presentation of the full details of the “New Economy” programme as part of the 2027 Budget in November.
Government shifts focus from stabilisation to growth
The government’s New Economy agenda is intended to move Ghana beyond economic stabilisation towards increased production, job creation and wealth generation.
During the presentation of the 2026 Mid-Year Fiscal Policy Review, Dr Forson said the administration’s objective was to build an economy capable of generating sustainable growth by increasing domestic production and creating opportunities for employment.
“Through the New Economy agenda that we will unveil, we will build an economy that does not merely withstand shocks but creates jobs, generates wealth and grows on the strength of what Ghana produces,” he stated.
The Minister stressed that the stabilisation of Ghana’s economy should be viewed as a foundation for broader economic transformation rather than the ultimate objective of government policy.
“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.
$10bn investment planned for key sectors
President John Dramani Mahama has indicated that the New Economy programme will involve an estimated US$10 billion investment in key sectors of the Ghanaian economy.
The President has also stated that the government’s 2027 Budget will provide the full framework and details of the programme.
With the NDPC now expected to monitor and assess implementation, the Commission’s role could become important in measuring progress against the government’s economic objectives and ensuring that investments under the programme translate into tangible development outcomes.
The planned framework places implementation, monitoring and accountability at the centre of Ghana’s next phase of economic transformation.
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