Consumer Confidence
(FILES)-- A file photo taken on March 20, 2014 shows shoppers at the new South African retail giant Shoprite outlet in Kano, northern Nigeria. Nigeria has overtaken South Africa as the continent's largest economy with a GDP of $453 billion in 2012, officials said on April 6, 2014. The figure is based on a long-overdue rebasing of Nigeria's gross domestic product to reflect changes in the structure of production and consumption, and compares with South Africa's 2012 result of $384 billion. AFP PHOTO / AMINU ABUBAKAR

The Ghanaian government is targeting an overall real gross domestic product (GDP) growth of 7.6 percent in 2019, Finance Minister Ken Ofori-Atta said on Thursday.

The minister said this when he presented the 2019 budget and economic policy of the government to parliament.

The goverment is eyeing a fiscal deficit of 4.2 percent of GDP, a non-oil real GDP growth of 6.2 percent and an end-period inflation of 8.0 percent in the 2019 fiscal year, said the minister.

The budget, which is under the theme: “A Stronger Economy for Jobs and Prosperity,” is expected to build on the macroeconomic gains in the last two budgets to create more job opportunities for people.

Ofori-Atta assured the people and the international community that the government would not compromise on its fiscal consolidation agenda.

The minister has allocated 180 million Ghana cedis (38.3 million U.S. dollars) to the Office of the Special Prosecutor (OSP) to fight corruption in the country. Enditem



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