Transcription of Budget Statement and Economic Policy
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Budget Statement and Economic Policy
Consolidating the Gains for Growth, Jobs & Prosperity for all Table of Contents Acronyms and Abbreviations .. iv List of Figures .. xii List of Tables .. xii INTRODUCTION .. 1 PART A .. 7 SECTION ONE: GLOBAL Economic DEVELOPMENTS AND OUTLOOK .. 8 Global Growth .. 8 Global Inflation .. 9 World Price Developments for Ghana s Key Traded Commodities .. 10 African Continental Free Trade Area (AfCFTA) .. 10 Developments in the ECOWAS Sub-Region .. 11 Economic Partnership Agreement (EPA).. 15 Implications of Global Developments for Ghana s Economy .. 15 SECTION TWO: MACROECONOMIC PERFORMANCE FOR JANUARY-SEPTEMBER 2019 .. 17 Overview of Macroeconomic Performance .. 17 Real Sector Performance .. 19 Monetary Sector Performance .. 24 External Sector Developments.
Appendix 2C: Economic Classification of Central Gov't Expenditure - 2019 Appendix 3A: Summary of Central Government Fiscal Operations - 2020-2023 Appendix 3B: Economic Classification of Central Gov't Revenue - 2020-2023 Appendix 3C: Economic Classification of Central Gov't Expenditure - 2020-2023
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