General News of Thursday, 15 November 2018
Former Deputy Finance Minister says the 2019 budget statement is heavy on numbers and sloganeering but out of touch with reality.
According to Fifi Kwetey the “high sounding promises” in the budget do not seem to resonate with the ordinary Ghanaians and businesses across the country.
“The talking is the easier part always. You have heard quite a lot of plans in 2017 and 2018 but the reality as evidenced by the ordinary Ghanaian and businesses is totally different,” he said.
“The slogans are easy to make but the reality is totally different,” he said.
He was speaking to Joy FM’s Kojo Yankson minutes after the Finance Minister had presented the 2019 budget statement.
The budget which was on the theme “Putting Ghana Back to Work” promises to concentrate on heavy infrastructure projects.
According to the Minister, the government has over the last 22 months managed a rather debilitating economy it inherited and has put it on the right track.
Comparing the macro-economic indicators, Ken Ofori Atta said government inherited an inflation rate of 15.4% in 2016 but in 2018 September there is single digit inflation at 9.8%.
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