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Vol 60 No 23

Published 21st November 2019


Ghana

Hefty down payment for 2020

President Akufo-Addo's government wants to engineer a pre-election boom without the usual economic meltdown afterwards

With national elections a year away, Finance Minister Ken Ofori-Atta tried to combine political bullishness and banker's caution when he read the 2020 budget statement in parliament on 13 November. Although he was announcing a 21% boost in spending and talked about 'consolidating the gains for growth, jobs and prosperity for all', Ofori-Atta heavily qualified the boosterism.

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