2020 budget: 2019 has been a very good year – Ofori Atta

2020 budget: 2019 has been a very good year – Ofori Atta

The Minister of Finance, Ken Ofori-Atta has described 2019 as “a very good year for Ghana.”

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According to him, this was evident in the growth recorded in the various sectors of the economy of the country.

“This is the year that one can confidently say that God’s blessings of the hard work is beginning to manifest putting us on a positive trajectory for sustained lift,” Ofori-Atta said.

READ ALSO: Banking sector cleanup was not adequately planned – Financial analyst

Acknowledging that there were a few up and downs, Ofori Atta said government has “quietly but incontestably achieved significant structure changes of the economy.”

“I say so because we have won some painful but necessary battles for God and country. We have stabilised the micro economic turbulence that was all too regular a feature in the management of the national economy. We have delivered on our flagship programme. The Gains made so far are significant and it is indeed to the glory of God,” he said.

YEN.com.gh earlier reported that a Senior Research Analyst with the Institute of Fiscal Studies (IFS), Dr Saeed Boakye, has revealed that the banking sector cleanup conducted by the government was poorly planned.

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According to Dr Saeed, the process was not carefully thought through hence the seeming tension in the industry and government’s inability to refund customers' monies.

Speaking in an interview on Starr FM's Morning Starr, he said he had issues with the whole financial sector bailout as he did not understand the whole process.

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Source: Yen

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