2022 budget focuses on post COVID-19 recovery


Government is pursuing an inclusive and sustainable recovery post COVID-19 hence the focus of the 2022 budget and the medium term on creating opportunities and solutions towards achieving sustainable and broad-based economic growth without harming the climate or leaving families in poverty.

Presenting the government budget before Parliament on Wednesday, Mr Ken Ofori Atta, Minister of Finance, said “The approach is to catalyse the private sector in targeted areas to fast-track industrialisation, competitive import substitution, digitalisation, export expansion and the creation of decent jobs, particularly for the youth.

He said ,“In addition, other priority areas for 2022 and the medium term will include: Supporting the health sector and expanding social safety nets; COVID-19 containment measures; Developing our infrastructure, with priority focus on roads, railway, water and sanitation, hospitals and housing; Diversifying productivity and high-value services; Implementing bold reforms to increase revenue mobilisation and the efficiency of public expenditures; Deepening structural reforms to make the machinery of Government work better for the people; and Rolling out digital technologies to improve service delivery.

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