AGI anticipates 2027 Budget Statement injects $2 billion-dollar support into private sector

The Association of Ghana Industries (AGI) says it anticipates the 2027 budget statement announcing the injection of $2 billion into sectors of the economy, as promised by President John Dramani Mahama.

Dr Cassiel Ato Forson, the Minister of Finance is expected to present the 2027 Budget Statement and Economic Policy to Parliament on Thursday November 12, 2026.

According to Dr Kofi Nsiah Poku, "President Mahama said for the next five years he is going to introduce $2 billion dollars every year and if this happens, it will go a long way to support those sectors like the pharmaceutical, agriculture and agri- business which I belong".

In an interview with the media, Dr Poku added that the AGI had extensively engaged the 24-hour economy secretariat and the ministry of finance to accelerate approvals for the 24-hour economy incentives for industries.

Dr Poku spoke to the media on the sidelines of the opening session of the Annual General Meeting (AGM) of the Bono, Bono East and Ahafo Regional branch of the AGI, at Fiapre, near Sunyani.

The event was on the theme: "Promoting unity and stronger partnership to accelerate business growth in the Bono regions".

Dr Poku said the AGI has also positioned itself to hear the budget announcing the establishment of the Women's Development Bank (WDB) for women in small- scale and micro-businesses to easily access financial support.

Mr Samuel Kwame Ntim-Adu, the Chairman of the Bono, Bono East and Ahafo Regional branch of the AGI commended the members for the loyalty assuring that the branch would work hard for its impact to be felt in the three regions.

Sompaonline.com/Stella Kyere