The 2018 Budget Statement and Economic Policy of the Akufo-Addo-led administration was presented to Parliament on Wednesday, November 15, 2017.
The statement is under the theme: ” Putting Ghana back to work”.
The macroeconomic targets set for 2018 fiscal year are:
- Overall GDP growth rate of 6.8 percent;
- Non-oil GDP growth rate of 5.4 percent;
- End period inflation rate of 8.9 percent;
- Average inflation rate of 9.8 percent;
- Fiscal deficit of 4.5% percent GDP;
- Primary balance (surplus) of 1.6 percent of GDP;
- Gross Foreign Assets to cover at least 3.5 months of imports of goods and services
Source: 3news.com | Ghana