The Minister of Finance, Dr Cassiel Ato Forson, has assured Ghanaians that the government will not introduce any new taxes in 2027.
Presenting the 2027 Budget Statement and Economic Policy of the Government to Parliament on Thursday, November 12, 2026, Dr Forson said: “There will be no new taxes in 2027.”
The announcement comes as the government shifts its emphasis from economic stabilisation towards growth, jobs and enterprise development under its “New Economy” agenda. A key part of the agenda is the US$10 billion New Economy Programme, a four-year investment initiative covering 2027 to 2030, announced by President John Dramani Mahama.
The government has also said it will relax its fiscal target from a primary surplus of 1.5 per cent of Gross Domestic Product (GDP) in 2026 to 0.5 per cent from 2027, by amending the Public Financial Management (Amendment) Act, 2025 (Act 1136).