Government has performed creditably well in restoring macro-economic stability particularly inflation and the fiscal deficit, Finance Minister has said.
Presenting the 2018 Budget Statement and Economic Policy on Wednesday, Ken Ofori-Atta said: “We have returned to robust growth with a real GDP growth of 7.8%…We have reduced inflation, and October inflation of 11.6% from 15.4% end December of 2016. We have maintained stability of the cedi against the US dollar.”
The feat, according to the Finance Minister is “protecting the value of money in the pocket of ordinary Ghanaians.”
The improvement will also see businesses gain space to plan and invest hugely in the stabilized business environment, he indicated.
According to him, the turnaround has sown the seeds for economic growth and employment.
“ The broad agenda for next year is to translate the stability achieved into shared growth of aggressive policies, in that creating more opportunities for jobs.”
