Volta Today

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Thursday, 12 November 2026  |  Volta Region, Ghana

Government's $10B 'New Economy' Agenda is a Game-Changer for Youth Employment - Hohoe MP Hon. Thomas Worlanyo Tsekpo

2 min read

The Member of Parliament for Hohoe, Hon. Thomas Worlanyo Tsekpo, has voiced strong support for the government’s proposed US$10 billion "New Economy" agenda, describing it as a transformative initiative designed to tackle youth unemployment and foster sustainable economic development. Speaking ahead of the official 2027 Budget presentation, the lawmaker highlighted the project's potential to open vital economic doors for young Ghanaians seeking reliable livelihoods.

​Serving on Parliament's Finance Committee, Mr. Tsekpo emphasized that the strategic capital injection comes at a pivotal time for the nation's economic landscape. In a statement shared on Facebook, he noted that the four-year program scheduled to run from 2027 to 2030 is tailored to channel targeted investments into core productive sectors, positioning the country for long-term self-reliance and expanded industrial capacity.

​The ambitious initiative will focus heavily on accelerating growth across key areas, including agriculture, manufacturing, tourism, textiles, and domestic pharmaceutical production. By driving resources directly into these labor-intensive and high-yield sectors, the program aims to stimulate local enterprise, boost exports, and establish a resilient framework for national wealth creation.

​Detailed blueprints of the US$10 billion agenda are expected to be unveiled on Thursday, November 12, when Finance Minister Dr. Cassiel Ato Forson presents the 2027 Budget to Parliament. The program forms a cornerstone of President John Dramani Mahama’s broader strategy to convert macroeconomic recovery into tangible job opportunities, higher household incomes, and enhanced growth prospects for businesses across Ghana.

@Volta Today 

KEN STAFF
KEN STAFF Staff Writer

Ken is an experienced writer with over 3years of experience

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