Ghana’s economy on path to stability – Amin Adam

Dr Mohammed Amin Adam, the Minister of Finance, has stated that Ghana’s economy is heading towards stabilisation.

The Minister pointed out that the primary deficit was 4.3% of the Gross Domestic Product (GDP) at the end of 2022.

He highlighted that by the end of 2023, the primary deficit had shrunk to a mere 0.3%, representing a four-percentage point decrease.

He anticipates a surplus of 0.5% of GDP by the end of this year, and 1.5% of GDP by next year.

“For example, the primary deficit by the end of 2022 was 4.3% of GDP

By the end of 2023, the primary deficit had reduced to just 0.3% which is about 4 percentage point decline in the primary deficit

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