In order to secure an economic boom, the administration is committed to following a vigorous growth plan within the country’s constrained budgetary space, as stated by Finance Minister Ken Ofori-Atta.
This would be accomplished, he continued, “by luring local and international private sector investments and increasing output, which will be promoted and stimulated by government policies and agencies.”
As he delivered the Mid-Year Fiscal Policy Review of the 2023 Budget Statement and Economic Policy of the Government of Ghana in Parliament on Monday in Accra, Mr. Ofori-Atta gave the guarantee.
He said that in order to attract private local and foreign investments, the government’s Mutual Prosperity Dialogue with the private sector will work to make doing business easier.
Meanwhile, he said that more and more citizens of West Africa were seeking asylum in the nation, which made it necessary, given the country’s limited financial resources, to evaluate the security sector.
“Security continues to be a priority of Government. The United Nations recently reported that over 1,800 terrorist attacks, resulting in nearly 4,600 deaths, were recorded in our region – West Africa in the first six months of this year. Due to this instability among others, increasing numbers of West African nationals are seeking refuge in our country. This has required a review of our security expenditures within our limited fiscal space,” he stated.
