{"id":120107,"date":"2023-11-15T15:23:21","date_gmt":"2023-11-15T15:23:21","guid":{"rendered":"https:\/\/www.ghanamma.com\/2023\/11\/15\/ghanas-economy-set-to-surpass-gh%c2%a21-trillion-milestone-by-2024-finance-minister-announces\/"},"modified":"2023-11-15T15:23:21","modified_gmt":"2023-11-15T15:23:21","slug":"ghanas-economy-set-to-surpass-gh%c2%a21-trillion-milestone-by-2024-finance-minister-announces","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2023\/11\/15\/ghanas-economy-set-to-surpass-gh%c2%a21-trillion-milestone-by-2024-finance-minister-announces\/","title":{"rendered":"Ghana\u2019s Economy Set To Surpass GH\u00a21 Trillion Milestone By 2024, Finance Minister Announces"},"content":{"rendered":"<p><\/p>\n<div>\n<p><strong>Ken Ofori-Atta<\/strong><\/p>\n<p>\u00a0<\/p>\n<p>In an address to parliament on Wednesday, Ghana\u2019s Finance Minister, Ken Ofori-Atta, revealed that the country\u2019s economy is projected to surpass GH\u00a21 trillion in 2024.<\/p>\n<p>This milestone represents a significant increase from the economic value of GH\u00a2219.5 billion in 2016.<\/p>\n<p>Ofori-Atta emphasized the importance of the 2024 Budget, stating that it marks the first time in Ghana\u2019s economic history that the Gross Domestic Product (GDP) will cross the GH\u00a21 trillion mark. The Finance Minister expressed his commitment to protecting the foundation of sustained economic expansion, attributing this achievement to the efforts and patience of the Ghanaian people.<\/p>\n<p>To ensure continued economic growth, Ofori-Atta outlined several key factors that the government will prioritize.<\/p>\n<p>These include reliable energy supply, a stable Cedi, lower inflation and interest rates, increased access to private sector credit, infrastructure development, food security, national security, and inter-continental market linkages through initiatives like the African Continental Free Trade Area (AfCFTA).<\/p>\n<p>In light of recent challenges such as the Akosombo spillage and floods in the Oti, Savannah, and Bono-East Regions, the government has allocated GH\u00a2220 million to support the relief phase for affected communities.<\/p>\n<p>The Finance Minister also announced plans for the restoration phase, where additional resources from the Ministry of Agriculture will help rebuild livelihoods.<\/p>\n<p>To address the immediate impact of the crises, Ofori-Atta mentioned proactive measures taken by the government.<\/p>\n<p>These include requesting funding from the World Bank\u2019s International Development Association Crisis Response Window (IDA CRW) to support resettlement of victims, restoration of livelihoods, compensation, and reconstruction of infrastructure in the affected communities.<\/p>\n<p>With these plans in motion, Ghana\u2019s economy is poised to achieve significant growth and deliver tangible benefits to its citizens.<\/p>\n<p><strong>By Vincent Kubi<\/strong><\/p>\n<p><!-- AI CONTENT END 2 -->\n\t<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ken Ofori-Atta \u00a0 In an address to parliament on Wednesday, Ghana\u2019s Finance Minister, Ken Ofori-Atta, revealed that the country\u2019s economy is projected to surpass GH\u00a21 trillion in 2024. This milestone represents a significant increase from the economic value of GH\u00a2219.5 billion in 2016. Ofori-Atta emphasized the importance of the 2024 Budget, stating that it marks [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":119165,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-120107","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ghana\u2019s Economy Set To Surpass GH\u00a21 Trillion Milestone By 2024, Finance Minister Announces - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2023\/11\/15\/ghanas-economy-set-to-surpass-gh\u00a21-trillion-milestone-by-2024-finance-minister-announces\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ghana\u2019s Economy Set To Surpass GH\u00a21 Trillion Milestone By 2024, Finance Minister Announces - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Ken Ofori-Atta \u00a0 In an address to parliament on Wednesday, Ghana\u2019s Finance Minister, Ken Ofori-Atta, revealed that the country\u2019s economy is projected to surpass GH\u00a21 trillion in 2024. This milestone represents a significant increase from the economic value of GH\u00a2219.5 billion in 2016. Ofori-Atta emphasized the importance of the 2024 Budget, stating that it marks [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2023\/11\/15\/ghanas-economy-set-to-surpass-gh\u00a21-trillion-milestone-by-2024-finance-minister-announces\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-15T15:23:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/11\/Ken-Ofori-Atta-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"812\" \/>\n\t<meta property=\"og:image:height\" content=\"515\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/11\/15\/ghanas-economy-set-to-surpass-gh%c2%a21-trillion-milestone-by-2024-finance-minister-announces\/\",\"url\":\"https:\/\/www.ghanamma.com\/2023\/11\/15\/ghanas-economy-set-to-surpass-gh%c2%a21-trillion-milestone-by-2024-finance-minister-announces\/\",\"name\":\"Ghana\u2019s Economy Set To Surpass GH\u00a21 Trillion Milestone By 2024, Finance Minister Announces - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/11\/15\/ghanas-economy-set-to-surpass-gh%c2%a21-trillion-milestone-by-2024-finance-minister-announces\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/11\/15\/ghanas-economy-set-to-surpass-gh%c2%a21-trillion-milestone-by-2024-finance-minister-announces\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/11\/Ken-Ofori-Atta-1.jpg\",\"datePublished\":\"2023-11-15T15:23:21+00:00\",\"dateModified\":\"2023-11-15T15:23:21+00:00\",\"author\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/6f91dab2e50bbbfe895c93e7e84e7f74\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/11\/15\/ghanas-economy-set-to-surpass-gh%c2%a21-trillion-milestone-by-2024-finance-minister-announces\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2023\/11\/15\/ghanas-economy-set-to-surpass-gh%c2%a21-trillion-milestone-by-2024-finance-minister-announces\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/11\/15\/ghanas-economy-set-to-surpass-gh%c2%a21-trillion-milestone-by-2024-finance-minister-announces\/#primaryimage\",\"url\":\"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/11\/Ken-Ofori-Atta-1.jpg\",\"contentUrl\":\"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/11\/Ken-Ofori-Atta-1.jpg\",\"width\":812,\"height\":515},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/11\/15\/ghanas-economy-set-to-surpass-gh%c2%a21-trillion-milestone-by-2024-finance-minister-announces\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.ghanamma.com\/2023\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ghana\u2019s Economy Set To Surpass GH\u00a21 Trillion Milestone By 2024, Finance Minister Announces\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2023\/\",\"name\":\"Ghanamma.com\",\"description\":\"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2023\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/6f91dab2e50bbbfe895c93e7e84e7f74\",\"name\":\"Ghana News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"caption\":\"Ghana News\"},\"sameAs\":[\"https:\/\/www.ghanamma.com\/2023\"],\"url\":\"https:\/\/www.ghanamma.com\/2023\/author\/ghanamma\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Ghana\u2019s Economy Set To Surpass GH\u00a21 Trillion Milestone By 2024, Finance Minister Announces - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2023\/11\/15\/ghanas-economy-set-to-surpass-gh\u00a21-trillion-milestone-by-2024-finance-minister-announces\/","og_locale":"en_US","og_type":"article","og_title":"Ghana\u2019s Economy Set To Surpass GH\u00a21 Trillion Milestone By 2024, Finance Minister Announces - Ghanamma.com","og_description":"Ken Ofori-Atta \u00a0 In an address to parliament on Wednesday, Ghana\u2019s Finance Minister, Ken Ofori-Atta, revealed that the country\u2019s economy is projected to surpass GH\u00a21 trillion in 2024. This milestone represents a significant increase from the economic value of GH\u00a2219.5 billion in 2016. Ofori-Atta emphasized the importance of the 2024 Budget, stating that it marks [&hellip;]","og_url":"https:\/\/www.ghanamma.com\/2023\/11\/15\/ghanas-economy-set-to-surpass-gh\u00a21-trillion-milestone-by-2024-finance-minister-announces\/","og_site_name":"Ghanamma.com","article_published_time":"2023-11-15T15:23:21+00:00","og_image":[{"width":812,"height":515,"url":"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/11\/Ken-Ofori-Atta-1.jpg","type":"image\/jpeg"}],"author":"Ghana News","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ghana News","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2023\/11\/15\/ghanas-economy-set-to-surpass-gh%c2%a21-trillion-milestone-by-2024-finance-minister-announces\/","url":"https:\/\/www.ghanamma.com\/2023\/11\/15\/ghanas-economy-set-to-surpass-gh%c2%a21-trillion-milestone-by-2024-finance-minister-announces\/","name":"Ghana\u2019s Economy Set To Surpass GH\u00a21 Trillion Milestone By 2024, Finance Minister Announces - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2023\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2023\/11\/15\/ghanas-economy-set-to-surpass-gh%c2%a21-trillion-milestone-by-2024-finance-minister-announces\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2023\/11\/15\/ghanas-economy-set-to-surpass-gh%c2%a21-trillion-milestone-by-2024-finance-minister-announces\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/11\/Ken-Ofori-Atta-1.jpg","datePublished":"2023-11-15T15:23:21+00:00","dateModified":"2023-11-15T15:23:21+00:00","author":{"@id":"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/6f91dab2e50bbbfe895c93e7e84e7f74"},"breadcrumb":{"@id":"https:\/\/www.ghanamma.com\/2023\/11\/15\/ghanas-economy-set-to-surpass-gh%c2%a21-trillion-milestone-by-2024-finance-minister-announces\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2023\/11\/15\/ghanas-economy-set-to-surpass-gh%c2%a21-trillion-milestone-by-2024-finance-minister-announces\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2023\/11\/15\/ghanas-economy-set-to-surpass-gh%c2%a21-trillion-milestone-by-2024-finance-minister-announces\/#primaryimage","url":"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/11\/Ken-Ofori-Atta-1.jpg","contentUrl":"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/11\/Ken-Ofori-Atta-1.jpg","width":812,"height":515},{"@type":"BreadcrumbList","@id":"https:\/\/www.ghanamma.com\/2023\/11\/15\/ghanas-economy-set-to-surpass-gh%c2%a21-trillion-milestone-by-2024-finance-minister-announces\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ghanamma.com\/2023\/"},{"@type":"ListItem","position":2,"name":"Ghana\u2019s Economy Set To Surpass GH\u00a21 Trillion Milestone By 2024, Finance Minister Announces"}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2023\/#website","url":"https:\/\/www.ghanamma.com\/2023\/","name":"Ghanamma.com","description":"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2023\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/6f91dab2e50bbbfe895c93e7e84e7f74","name":"Ghana News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","caption":"Ghana News"},"sameAs":["https:\/\/www.ghanamma.com\/2023"],"url":"https:\/\/www.ghanamma.com\/2023\/author\/ghanamma\/"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/posts\/120107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/comments?post=120107"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/posts\/120107\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/media\/119165"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/media?parent=120107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/categories?post=120107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/tags?post=120107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}