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Government targets 8% GDP growth, unemployment below 8% by 2030

Source: MyJoyOnline · 2026-11-12T18:50:18.000Z · Politics

Government targets 8% GDP growth, unemployment below 8% by 2030

The government is targeting real gross domestic product (GDP) growth of about 8 per cent and an unemployment rate below 8 per cent by 2030 under its New Economy programme. Finance Minister Dr Cassiel Ato Forson announced the targets during the presentation of the 2027 Budget Statement and Economic Policy to Parliament on Thursday, November 12, 2026. He said the government was also seeking to establish a credible path towards securing an investment-grade sovereign credit rating. “By 2030, we are targeting real GDP growth of about 8%, unemployment below 8%, and a credible path to investment grade sovereign credit rating,” he said. Dr Forson stressed that an investment-grade rating could not be secured through declarations but would depend on sustained economic performance.

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