Economy recorded strong growth in 1st quarter- Ofori-Atta
Finance Minister Ken Ofori-Atta says the Ghanaian economy recorded strong growth during the first quarter of 2021 despite Covid-19 pandemic.
According to him, total exports reached $7.6 billion in the first quarter, 52.3 million was distributed to the creative industry players, media has been assisted, impacts of Covid-19 on SMEs has been minimised and 290 women beneficiaries in the SMEs sector have been taken through training in finance management.
Speaking during the Mid-Year-Budget-Review at parliament in Accra on Thursday 29 July 2021, Ken Ofori-Atta said “Government transformational agenda is on cause”.
But, Deputy Minority Leader Dr. James Klutse Avedzi says “presentation by the Finance Minister shows that economy is struggling. They have lost the debate”
In a sharp reaction, Chairman of Finance Committee of Parliament and former Deputy Finance Minister Kwaku Kwarteng insists a collapsed economy cannot finance free SHS.
Meanwhile, Ken Ofori-Atta has also promised that government will provide $25m seed fund for producing vaccines.
Source : africaneditors.com
There is a good reason why you should support the African Editors. Not everyone can afford to pay for news right now. That is why we keep our journalism open for everyone to read, including in Ghana. If this is you, please continue to read for free. But if you are able to, then there are three good reasons to support us today.
1. Our quality, journalism is a scrutinising force at a time when the rich and powerful are getting away with more and more.
2. We are independent and have no billionaire owner pulling the strings, so your money directly powers our reporting.
3. It doesn’t cost much, and takes less time than it took to read this message.
Help power the African Editors' journalism for the years to come, whether with a small sum or a larger one. If you can, please support us on a monthly basis from just $2 through mobile money number: 0599896099/ +233059989609 and you can be rest assured that you’re making a big impact every single month in support of open, independent journalism. Thank you.