The Ministry of Finance (MoF) has reaffirmed the government's commitment to restoring and sustaining macroeconomic stability, which is essential for promoting an inclusive growth agenda.
This announcement follows the country's impressive cumulative economic growth for the second quarter (Q2) of 2024, which stood at 6.9%.
This marks a significant increase from the 4.7% recorded in the first quarter of 2024.
The Ghana Statistical Service (GSS) disclosed these figures in a statement issued on Wednesday, September 18.
In a statement released on Thursday, the MoF noted, "It is expected that the implementation of government's growth strategy including the Planting for Food and Jobs Phase 2 Programme, the SME Growth and Opportunity Programme, the 1 District 1 Factory Programme, the Economic Enclave Programme under the Ghana CARES Programme will further consolidate the gains we are making in economic recovery to improve the living conditions of the Ghanaian people." The Ministry attributed the economy's robust recovery to the macroeconomic stability and growth interventions pursued under the IMF-supported Post-COVID-19 Programme for Economic Growth (PC-PEG).