Ghana grew by a rate of 0.9% in 2020 – Kyei-Mensah Bonsu

The caretaker Minister for Finance, Osei Kyei-Mensah-Bonsu (Majority Leader of Parliament), has disclosed that Ghana grew positively by a rate of 0.9% in 2020.

This according to him is in contrast to negative projections by the International Monetary Fund (IMF) and other economy observers.

Mr. Kyei-Mensah-Bonsu disclosed this when he appeared before Parliament to present the government’s budget statement for 2021.

He indicated that this was achieved through the prudent management of the economy by the first Akufo-Addo administration.

“I stand here on behalf of the President to present to the House, the state of the economy and how we have managed to mitigate and survive the pandemic with a projected positive growth rate of 0.9% in 2020, contrary to fears of a negative growth rate as experienced in many countries,” he said.

He presented the budget statement on behalf of Ken Ofori Atta who served as Finance Minister in Akufo-Addo’s first term from 2017 to 2021.

Mr. Ofori-Atta who had been renominated to serve in that same ministerial position was scheduled to appear before Parliament’s Appointment Committee for vetting but has been out of the country due to ill health.

According to a statement by the Finance Ministry, Ken Ofori-Atta was flown to the UK to receive medical attention after suffering complications from COVID-19 even after recovering form the virus.

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