Tag: Expenditure cuts
-
IMF Deal: We’ll begin rigorous expenditure cuts – Akufo-Addo
President Nana Akufo-Addo has disclosed that his government will begin rigorous expenditure cuts to meet the conditionalities attached to the $3 billion bailout by the International Monetary Fund (IMF). Mr. Akufo-Addo said his government is eager to turn the fortunes of the country around and will do everything possible to ensure that the ailing economy…
-
Thorough examination of govt’s full expenditure package necessary – Prof. Botchwey
A former Minister of Finance, Prof. Kwesi Botchwey, has called for a thorough examination of all of government’s expenditure package. The remarks follow government’s decision to cut down on its expenditure, by up to 20 percent in the 2022 fiscal year. The 2022 budget puts Ghana’s total expenditure at GHc135.63 billion, with 20% of that…