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