Ongoing economic reforms won’t affect jobs – Ofori-Atta

Government has assured that the announced structural and financial reforms expected to help stabilize the economy will not lead to job losses.

The government has come up with a Post-COVID-19 Programme for Economic Growth (PC-PEG) which is backed by the International Monetary Fund and encompasses reforms to revive the economy.

“We expect multilateral support of about US$2.0 billion for 2023 and US$6.2 billion between 2023 and 2026.

In addition, we expect to mobilize catalytic funding of US$30 million in 2023 and US$330 million between 2023 and 2026 from bilateral creditors.”

“Government intends to invest these resources to advance macroeconomic stability and shared economic growth

Government is very intentional in ensuring that growth and job creation are not sacrificed in the process of restoring macroeconomic stability and debt sustainability

A special collaborative effort between the Ministry of Finance, Ministry of Trade, Ministry of Agriculture and GIPC will be part of the programme on the thematic working group on growth to attract significant private capital.”