Ghana is preparing to unveil a $10 billion program spread over four years to boost employment as the economy stabilizes after restructuring its debt. The agenda is aimed at job creation and is designed around nine priorities, according to President John Mahama.
Mahama said at the Financial Times Africa Summit in London on Wednesday that Finance Minister Cassiel Ato Forson will announce the plan before the end of the year. The focus list includes pharmaceuticals and tourism among its nine areas.
Mahama returned to the presidency last year and has pursued tighter budgeting to steady the economy in the wake of the nation's 2022 default, with the debt overhaul wrapped up two years later. The new agenda will sit alongside the $10 billion, five-year Big Push Infrastructure Program he launched last year to help revive growth.
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The International Monetary Fund projects growth at 5.7% this year, down from 6% in 2025. For portfolios tracking policy-driven demand and project pipelines, that sets the pace for how quickly spending plans may translate into activity.
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