2027 Budget: Ghana targets local production of up to 80% of essential medicines by 2030 – Finance Minister - Adomonline
Adom Online
Updated: Nov 13, 2026
Ghana's Finance Minister, Dr. Cassiel Ato Forson, has outlined ambitious goals for the nation's pharmaceutical sector as part of the 2027 budget. The primary objective is to significantly boost domestic production of essential medicines, reducing reliance on imports. This initiative aims to enhance national health security and economic resilience.
- The government aims to achieve local production of 60 to 80 percent of its essential medicine needs by the year 2030. This target is a key component of the 2027 budget strategy.
- This policy is expected to foster growth within Ghana's pharmaceutical industry.
- It also seeks to ensure a more stable and accessible supply of vital medications for the Ghanaian population.
- The initiative is aligned with broader economic development goals, potentially creating jobs and stimulating local investment in the healthcare manufacturing sector.
- By increasing local manufacturing capacity, Ghana intends to strengthen its position in the global pharmaceutical market and improve public health outcomes.
- The 2027 budget underscores a commitment to self-sufficiency in critical areas, with essential medicines identified as a priority.
