Audio By Carbonatix
The Finance Ministry has said the country's economy will perform better despite the impact the Covid-19 pandemic is having on it than several other worldwide economies.
Addressing the media at a post-Mid-Year budget review statement workshop, Director at the Ministry, Dr Alhassan Iddrisu said the modest 0.9% growth the economy will see in 2021 is better than a lot of other economies which are recording negative growth rate.
"If you compare our GDP [Gross Domestic Product] performance despite the impact of Covid-19, I think we will do better than others," he said.
In June 2020 the International Monetary Fund (IMF) projected the global growth at –4.9 per cent adding that the Covid-19 had more negative impact on activity in the first half of 2020 than anticipated hence, the recovery is projected to be more gradual.

Dr Iddrisu further noted that government is implemneting policies to mitigate the harsh effects of Covid-19 on the livelihoods of citizens.
But debating the Mid-year Budget, the Minority in Parliament said it will not accept the document since the figures do not reflect the true picture of the country's finances.
Latest Stories
-
Abolish or Reform? Abu Jinapor counsels sober reflection on debate over future of Special Prosecutor’s Office
1 hour -
2026 World Cup: Can Ghana navigate England, Croatia, and Panama in Group L?
2 hours -
NAIMOS task force arrests 9 Chinese illegal miners, destroys equipment at Dadieso
2 hours -
NAIMOS advances into Atiwa Forest, uncovers child labour, river diversion and heavy machinery
2 hours -
NAIMOS Task Force storms Fanteakwa South, dismantles galamsey operations
2 hours -
The Kissi Agyebeng Removal Bid: A Look at the Numbers
3 hours -
DVLA to roll out digitised accident reports, new number plates and 24-hour services
4 hours -
DVLA Workers’ Union opens 2025 Annual Residential Delegates Congress with call for excellence, equity and solidarity
4 hours -
Scholarships Secretariat sets December 8–9 interviews for Commonwealth Scholarship applicants
4 hours -
WASSCE decline reveals deep gaps, there’s need to overhaul education system – Franklin Cudjoe
5 hours -
JOY FM Drive Time host Lexis Bill leads fans up Aburi Mountain in energetic ‘Walk With Lexis’ fitness experience
5 hours -
2026 World Cup: Ghana to open campaign in Toronto against Panama
5 hours -
President Mahama, Lordina support retired Assemblies of God pastors, widows with medical care and Christmas gifts
6 hours -
2025/26 GPL: Nations FC fight back to claim 2-1 win over Heart of Lions
6 hours -
Tanzania responds to international criticism over October post-election events
6 hours
