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2020 Budget Highlights

2020 Budget Highlights

We commend the Government’s commitment to fiscal rectitude as announced in the 2020 Budget Statement and Economic Policy (“the Budget”), which was presented to Parliament by Hon. Ken Ofori-Atta, Ghana’s Finance Minister, on 13 November 2019. Next year’s Budget implementation coincides with the 2020 elections and it is the first Budget Statement under the Fiscal Responsibility Act 2018 (Act 982). It is also the first, post IMF Extended Credit Facility for Ghana in April 2019. Overall, the key macroeconomic indicators across all sectors of the Ghanaian economy- the real sector, monetary sector, external sector and fiscal sectors are trending in the right direction.

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