The Ministry of Finance (MoF) has reiterated the government’s commitment to restoring and maintaining macroeconomic stability, crucial for fostering an inclusive growth agenda.
This announcement follows the country’s notable cumulative economic growth of 6.9% for the second quarter (Q2) of 2024, a significant rise from the 4.7% recorded in the first quarter.
The Ghana Statistical Service (GSS) released these figures in a statement on September 18.
In a statement on September 19, the MoF highlighted that the implementation of the 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, and the Economic Enclave Programme under the Ghana CARES Programme—will further solidify the gains made in economic recovery and enhance the living conditions of Ghanaians.
The Ministry credited the economy’s robust recovery to the macroeconomic stability and growth interventions supported by the IMF under the Post-COVID-19 Programme for Economic Growth (PC-PEG).
