Finance Minister Ken Ofori-Atta has presented the government’s 2023 Budget Statement and Economic Policy in Parliament today, November 24.
This was in accordance with Article 179 of the 1992 Constitution and section 21 of the Public Financial Management Act, 2016 (Act 921).
A statement issued by the ministry indicated that the 2023 Budget would focus on the government’s strategies to restore and stabilize the macro economy, build resilience, and promote inclusive growth and value creation.
Also, the budget updated the populace on Ghana’s engagement with the International Monetary Fund (IMF) regarding the $3 billion bailout package.
The sector minister touched on other key areas such as the year-to-date macro-fiscal performance of the economy; the YouStart initiative under the Ghana CARES Programme; climate action strategies; fiscal measures, and debt management strategies to ensure fiscal and debt sustainability and promote growth.
Watch the proceedings below: