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BUDGET: GHANA’S ECONOMY HAS AMAZINGLY WOBBLED – FINANCE MINISTER

The Finance Minister says the economy of Ghana has miraculously turned around and moved in the right direction.

He says God’s blessing of hard work is beginning to manifest in the country.

“We have stabilized the macroeconomic turbulence”

Despite the limited resources at the government’s disposal, it implemented flagship programs, gave out stimulus packages and funded social programs, he told parliamentarians.

The economy has experienced an economic miracle. “I speak to the data”. Economic growth as doubled under Akufo-Addo. Inflation has fallen from over 15% in 2016 to 7.6% in 2019 – the lowest rate in 27 years. The year 2019 has experienced, the slowest ever rise in prices in the entire 4th republic,” he suggested.

The Minority was unhappy about the minister’s reference to the poor state of the economy the government says it inherited in 2017 from the NDC.

Story by: Pearl Abaidoo-Abbam

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