Tag: Budget

President Nana Addo Dankwa Akufo-Addo
Business Homeland News

Ghana proposes $13.9 billion budget in 2018

The Ghanaian government plans to spend $13.9 billion (62 billion Ghana cedis, about N4.2 trillion) in the 2018 fiscal year, the country’s finance minister said on Wednesday. Presenting the government’s fiscal policy to parliament, Kenneth Ofori-Atta, said the budget, with the theme “Putting Ghana Back to Work”, would continue and […]

A Market Scene in Ghana
Business Homeland News

Ghana Finds a $1.6 Billion Hole in Budget

Ghana’s budget deficit could be twice as big as previously forecast, Finance Minister Ken Ofori-Atta said a day after the government revealed a 7 billion-cedi ($1.6 billion) hole in the budget. The disclosure sent bonds tumbling. The shortfall as a percentage of gross domestic product could be close to “double […]