Ghana’s government is optimistic that the 2021 budget statement and economic policy will steer the country towards recovery from the impact of COVID-19.
According to the latest Bank of Ghana Summary of Economic and Financial Data, Ghana’s public debt stock jumped from 47.8 billion USD in September 2020 to 50.2 billion USD in November 2020, representing 74.4 percent of Gross Domestic Product.
Addressing the media on Sunday, Information minister Kojo Oppong Nkrumah noted that the budget is expected to accelerate growth and expansion of the country’s economy.
