2023 budget: Govt Outlines 7 Pillars To Restore Economy
Minister of State for Finance, Ken Ofori-Atta has given a seven-pillar agenda geared towards restoring macro-economic stability. He believes the plan will accelerate the country’s economic transformation.
The minister highlighted on; Aggressively mobilize domestic revenue; Streamline and rationalise expenditures; Boost local productive capacity; Promote and diversify exports.
He also outlined Protecting the poor and vulnerable; Expanding digital and climate-responsive physical infrastructure; and Implementing structural and public sector reforms as other accelerating points.
Mr Ken Ofori revealed there would be three critical imperatives which are; successfully negotiating a strong IMF programme; coordinating an equitable debt operation programme; and attracting significant green investments.
He strongly believes that the agenda will enable Ghana to generate substantial revenue, create needed fiscal space for the provision of essential public services and to facilitate the implementation of the PC-PEG programme to revitalise and transform the economy.