2023 Budget to achieve debt sustainability – Dr John Kumah - www.asempanews.com

A Deputy Finance Minister, Dr John Ampontuah Kumah, says the 2023 Budget is anchored on key programmes to achieve debt sustainability through the International Monetary Fund (IMF) and a Debt Exchange Programme.

The programme, launched by the government, hopes to bring the debt of the country to a sustainable level, the Deputy Minister explained.

2023 Budget to achieve debt sustainability – Dr John KumahDr Kumah added that providing a safety net and social protection programmes for the poor are also a major concern to the government and that, the current beneficiaries of the Livelihood Empowerment Against Poverty (LEAP) Programme at 320,000 would be increased by 450,000 with their GH¢45 monthly payments to be increased to support the very poor in the country.

The Government announced plans for expanding the LEAP programme to cover more extremely poor and vulnerable people in the country, whilst taking steps to review other social protection programmes for efficiency.

2023 Budget to achieve debt sustainability – Dr John KumahMr

2023 Budget to achieve debt sustainability – Dr John KumahMr

Ofori-Atta maintained that the expansion of the programme would have a long-lasting impact on the development of the human resource base of the country giving the assurance, that the government remains committed to raising the living standards of the vulnerable and poor in society and would do all within its power to realise this objective.