Full list of Finance Minister’s measures to mitigate economic hardship
Finance Minister, Ken Ofori-Atta, has revealed a wide range of plans to salvage the country’s economy.
The Minister, at a press conference in Accra, expressed optimism that the measures will go a long way to cushion the citizenry amid the economic downturn.
The Bank of Ghana (BoG), in its January 2022 Monetary Policy Report, said the stock of public debt was equivalent to 78.4% of GDP at the end of 2021, compared with 76.1% of GDP at the end of 2020.
The country’s total public debt stock stood at about ¢344.5 billion as of November 2021, a situation experts have described as alarming.
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Fuel prices have also crossed the ¢10 per litre mark amid the freefall being experienced by the local currency.
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