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.
![](https://www.myjoyonline.com/wp-content/uploads/2022/11/Budget-presentation-2023-11.jpg)
“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.
![](https://www.myjoyonline.com/wp-content/uploads/2022/11/Budget-presentation-2023-12.jpg)
“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.
Latest Stories
-
Paris 2024: Opening ceremony showcases grandiose celebration of French culture and diversity
3 hours -
Spectacular photos from the Paris 2024 opening ceremony
4 hours -
How decline of Indian vultures led to 500,000 human deaths
4 hours -
Paris 2024: Ghana rocks ‘fabulous fugu’ at olympics opening ceremony
5 hours -
Trust Hospital faces financial strain with rising debt levels – Auditor-General’s report
5 hours -
Electrochem lease: Allocate portions of land to Songor people – Resident demand
5 hours -
82 widows receive financial aid from Chayil Foundation
5 hours -
The silent struggles: Female journalists grapple with Ghana’s high cost of living
5 hours -
BoG yet to make any payment to Service Ghana Auto Group
6 hours -
‘Crushed Young’: The Multimedia Group, JL Properties surprise accident victim’s family with fully-furnished apartment
6 hours -
Asante Kotoko needs structure that would outlive any administration – Opoku Nti
7 hours -
JoyNews exposé on Customs officials demanding bribes airs on July 29
7 hours -
JoyNews Impact Maker Awardee ships first consignment of honey from Kwahu Afram Plains
8 hours -
Joint committee under fire over report on salt mining lease granted Electrochem
8 hours -
Life Lounge with Edem Knight-Tay: Don’t be beaten the third time
9 hours