Finance Ministry says 2024 budget to support implementation of IMF-backed PC-PEG programme
The Ministry of Finance has noted that the 2024 budget will aim to support the implementation of the International Monetary Fund (IMF)-backed Post Covid-19 Programme of Economic Growth (PC-PEG).
According to the Ministry, this is crucial to sustaining gains already made under the programme.
The presentation of the 2024 budget comes just after the successful first review of the 3-year $3 billion IMF-ECF Programme.
“The Minister for Finance will, on behalf of the President, lay before Parliament the Budget Statement and Economic Policy of Government of Ghana for the 2024 Financial Year, on Wednesday, 15th November 2023”, noted the Ministry in a statement on Tuesday.
The Ministry in the statement added that the budget will highlight, among others, the performance of the economy, efforts to boost the productive capacity of the economy through the new growth strategy, fiscal measures, and debt management strategies to deepen stability and promote growth.
“In line with usual practice, Government will undertake comprehensive post-Budget stakeholder engagements to explain the various policies to the public,” it stated further.
The presentation of the budget is in accordance with Article 179 of the 1992 Constitution and section 21 of the Public Financial Management Act, 2016 (Act 921).
