Govt projects higher growth, lower inflation in 2024

The government has projected higher growth, lower inflation and an improved budget position next year, as strict measures imposed under its bailout from the International Monetary Fund (IMF) success.

Presenting the 2024 Budget to Parliament today, the Finance Minister, Ken Ofori-Atta said Ghana has paid its dues, turned the corner and is getting back on track.

He said despite these successes, the government has to do more to reinforce Ghana's stability and guarantee decent jobs with good pay for the young people.

“Our task now and in the medium-term is two-fold: to maintain stability and to keep on growing. We are determined to remain on this course of increased growth, currency stability, and disinflation over the medium-term. Our future growth prospects are certainly brighter,” he said.

He was confident that the 2024 Budget and Government’s Fiscal Policy dubbed Nkunim (Victory) budget  will ensure that the government walks on a sustainable path toward creating decent jobs and wealth for Ghanaians.