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2021 Government of Ghana Budget Statement and Economic Policy

The Minister for Parliamentary Affairs, Hon. Osei Kyei-Mensah-Bonsu, delivered the Budget Statement and Economic Policy of the Government of Ghana for the 2021 Financial Year against the backdrop of H.E. Nana Addo Dankwa Akuffo-Addo’s State of the Nation’s Address

“Mr. Speaker, in the face of a global pandemic that has ravaged lives and livelihoods in all parts of the world, we cannot afford to pursue interests that will leave our nation and its citizens the poorer for it. COVID-19 has impacted heavily on economic activities, created uncertainty, weakened global growth conditions, whilst putting undue strain on already weak and fragile health systems, particularly in developing countries.”

The 2021 Budget Statement is under the theme: “Economic Revitalisation, through Completion, Consolidation and Continuity”.

Given the significant effect of COVID-19 on the Ghanaian economy, like other economies in the world, the Government has reiterated its commitment to support businesses and households through the provision of incentives, interventions and reliefs while implementing policies geared towards enhancing revenue mobilization.

In this publication, we provide highlights of the key economic indices and policy proposals from the 2021 Budget Statement.

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