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
-
Ghana’s growing youth population could become unemployment time bomb — Alan Kyerematen warns
5 minutes -
Ghana signs agreement with Intel to expand AI for Youth programme
5 minutes -
AFCON 2027Q: ‘Our goals are clear’ – Carlos Queiroz on qualification
6 minutes -
Use legal means to achieve legal ends – Kyei-Mensah-Bonsu on MP’s attempted arrest
8 minutes -
Government pledges support for fashion industry through skills, technology and market access
15 minutes -
Gender Minister joins First Lady at OAFLAD summit as Ghana pushes stronger support for women, children
15 minutes -
Black Queens defender Susan Ama Duah signs for Mexican side Tigres
17 minutes -
Carlos Queiroz’s real test begins as Ghana face Côte d’Ivoire in Bouaké
17 minutes -
Social Audit Committee monitoring helping improve development projects in Tano North – Mehoso CEO
19 minutes -
IFC, LMI Holdings expand partnership to power Ghana’s industrial growth
31 minutes -
Ashanti Regional Police arrest two foreign nationals over alleged kidnapping and murder of Senegalese goalkeeper Cheikh Toure
32 minutes -
Rein in NIB over attempted arrest of Baffour Awuah – Kyei-Mensah-Bonsu
34 minutes -
Black Queens captain Portia Boakye joins Mexico’s UNAM Pumas
43 minutes -
Attempted arrest of Baffour Awuah was unjustified and dangerous – Kyei-Mensah-Bonsu
44 minutes -
La Shikitele Nii Adjei Koofeh IV denies responsibility for Laboma Beach Resort demolition
50 minutes