2023 budget to focus on restoring economy – Finance Ministry

The Ministry of Finance has assured the public that the 2023 Annual Budget and Economic Statement which will be presented today will largely focus on fresh policies to restore the economy, guarantee stability and promote growth.

In a statement issued Yesterday, (November 23), the Ministry indicated that the budget will among other things feature critical steps to address debt sustainability.

“The 2023 Budget will focus on government’s strategies to restore and stabilize the macro economy, build resilience, and promote inclusive growth and value creation,” parts of the statement read.
It was also stated in the release that the minister for finance will update the country on the ongoing negotiations with the International Monetary Fund (IMF) for a bailout.

“It will feature prominent matters including providing an update on Ghana’s engagement with the IMF on an IMF-supported Programme, Climate Change strategies, the YouStart initiative under the Ghana CARES Programme, year-to-date macro-fiscal performance of the economy, fiscal measures and debt management strategies to ensure debt, and fiscal sustainability and promote growth,” the statement concluded.

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