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Ghana's Finance Minister outlines budget improvements, targeting a 3.8% GDP deficit amid economic gains.
Ghana's Finance Minister, Dr. Cassiel Ato Forson, presented the mid-year budget review, highlighting a fiscal deficit target of 3.8% of GDP for 2025 due to improved economic indicators.
Despite challenges like customs revenue shortfalls and overstaffing, the government has taken steps to address these issues through audits, payroll realignments, and fiscal reforms.
Public debt has also decreased, and Fitch Ratings upgraded Ghana's credit status, signaling improved investor confidence.
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El ministro de Finanzas de Ghana describe mejoras presupuestarias, apuntando a un déficit del PIB del 3,8% en medio de ganancias económicas.