The Finance Minister, Ken Ofori-Atta, has reiterated government’s commitment to resuscitating the ailing economy.
In view of that, government prioritised the needs of the citizenry while drafting the 2023 budget.
He noted that next year’s budget was prepared to relieve the citizenry from the devastating effects of the global crisis.
“The 2023 Budget has been prepared with high consideration for the aspirations of Ghanaians and the brighter prospects of our economy to transition into Upper Middle Income within a decade.”
Presenting the budget to Parliament on Thursday, Mr Ofori-Atta said the document is a reflection of government’s recovery plan.
“It [The 2023 Budget] reflects our determination and resolve to confront the current daunting economic challenges facing our nation head-on and reset the economy,” he said.
In the meantime, he said government is focused on securing an advantageous deal with the International Monetary Fund ( IMF) by improving the management of foreign exchange, and supporting local production capacity for food security.
Mr Ofori Atta believes that the measures outlined in the 2023 budget will redirect the economy to the path of growth.