We Have Turned The Corner, Our Economy Is Back – Ken Ofori-Atta1 min read

Ghana’s Finance Minister, Ken Ofori-Atta, has presented the 2022 Mid-year budget review in Parliament.

The budget dubbed ‘Nkabom Budget’ was presented on Monday July 31 and monitored by mytimefm.com

Ken Ofori-Atta said the Government took what was then a very difficult but necessary decision to request support from the IMF to implement the Post-COVID-19 Programme of Economic Growth (PC-PEG).

He indicated that the steps for economic recovery are more grounded, “the vision is clearer, the path to recovery is better set, and confidence in our economy is back, growing gradually.”

“Mr. Speaker, we have turned the corner and, more importantly, we are determined to continue down that path. Soon, we expect the measures taken resulting in economic activity greater than anything experienced in the history of the Fourth Republic. Our plans and programmes should soon lead to a sustained increase in domestic production, including manufacturing and farming, replacing many of the products that we are used to importing,” he said.