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
-
Ex-Health Minister Agyemang Manu faces charges in the coming weeks over questionable COVID-19 deals – Ofosu Kwakye reveals
1 hour -
Ahafo ranks high in national health performance review; records significant gains in maternal and child health
2 hours -
Metro Mass Transit fights back against ‘brazen’ private takeover of Opera Square terminal
3 hours -
Trump calls for allies to help secure Strait of Hormuz as Iran vows to step up retaliation
3 hours -
US Embassy in Baghdad, Iraq attacked with missile that hits helipad
5 hours -
CSA reports rise in cyber incidents as over 23,000 enquiries recorded
6 hours -
Local dishes remain favourite at buffets and events
6 hours -
F1 cancels Bahrain, Saudi Arabia races due to Iran war
7 hours -
Three more Iran football team members change minds over asylum
7 hours -
WAEC Awards: PRESEC-Legon student grabs best business student prize
8 hours -
Bills Micro-Credit suspends officers over altercation with customer, hands them over to police
10 hours -
Court jails foreign national 5 years after GH¢1.9m & US$191k fake currency conviction
10 hours -
E.P. College of Education raises alarm over infrastructure deficit
10 hours -
Hamas urges key ally Iran to halt attacks on Gulf states
11 hours -
Trump urges UK and other nations to send ships to help secure Strait of Hormuz after Iranian attacks
11 hours
