Ahead of the budget presentation later this week, GBC News has been interacting with some Economists about their expectations.
An Economist with the Ghana Association of Bankers, Dr. Ebenezer Ashley says he expects the Minister of Finance to announce measures to contain the microeconomic indicators such as the rate of inflation, depreciation of the cedi against major international currencies, and GDP growth rate.
On the 15th of November, the Minister for Finance, Ken Ofori-Atta, will deliver the 2024 Budget Statement and Economic Policy in Parliament.
This presentation seeks to articulate the government’s plans for generating revenue and implementing policies aimed at addressing the existing economic difficulties experienced by the people of Ghana.
However, the Dean of the University of Cape Coast Business School, Prof. John Gatsi says he expects the budget to mimic IMF conditionalities.
He said the Minister must announce measures that will propel growth in all sectors of the economy.
According to him, one sure way to achieve that is to adopt the 24-hour economic policy promised by former President John Mahama.
Prof. Gatsi spoke GBC’s to Bubu Klinogo.