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
-
Two Ministries that have perfected failure
2 minutes -
Hospitals failed to triage Charles Amissah despite arrival alive — Committee
7 minutes -
Cocoa farmers in Amenfi Central rally against galamsey ahead of new season
10 minutes -
MoMo Ghana CEO backs golf as platform for business, community building
16 minutes -
Public confidence in Ghana’s governance institutions remains low despite strong democratic credentials — APL Barometer
20 minutes -
Charles Amissah died from medical neglect, not trauma — Akosa committee finds
21 minutes -
Housing and food prices drove April inflation as GSS reports mixed sector trends
48 minutes -
IMANI Africa defends CSO intervention in Supreme Court case challenging OSP Act
51 minutes -
Ablakwa assures support for Ghanaian nationals in UAE amid regional tensions
58 minutes -
Asantehene @ 76: How Otumfuo celebrates his birthday
1 hour -
2026 U20 WWCQ: Kurt Okraku visits Black Princesses camp ahead of Uganda second leg
1 hour -
Enterprise Group PLC injects GH₵2.4m into maternal healthcare with new facility for Sunyani Hospital
1 hour -
Macroeconomic progress not reflecting in living conditions of Ghanaians — APL report
1 hour -
Annoh-Dompreh sues Bono Regional Minister, media house over cocoa smuggling claims; demands GH¢30m
1 hour -
Thoughts of a Ghanaian youth
1 hour