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COVID-19: Ghana’s economy would be affected seriously---Finance Minister

The Finance Minister, Mr. Ken Ofori-Atta has told Parliament in a statement that the Ghanaians economy would be seriously affected in the wake of the pandemic.

He further briefed Members of Parliament on measures government is putting in place to address the corona virus pandemic.

 He said, the budget made for 2020 has seriously been affected due to unexpected expenditure that came up through the prevention of  the disease from spreading further in the regions of  18.9 billion Ghana cedis (4.7%) to 30.2 billion (7.8%) of the nation’s Gross Domestic Product (GDP).

He further touched on programs the President has put in place in making sure that, government  reduces the accumulation of economic situations  from the coronavirus.

And said, the President is determined to cushion the economic and social difficulty the virus is introducing to Ghanaian businesses and the people at large.

“The government’s economic team has also been tasked to minimise the job losses and the impact of Job losses and also to maintain fiscal discipline to make sure that the people have money to spend”. 

Kwaku Sakyi-Danso/

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