Ghana’s Gross Domestic Product (GDP) for 2013 grew by 7.1 percent against the target of 8.0 percent, Finance Minister, Seth Terpker has revealed.
He also revealed that Ghana’s economy is beginning to show signs of recovery from the current challenges.
He expressed optimism that the nation will rise again despite the challenging period is it facing in recent times.
“As a nation we have risen above many challenges before, and we shall rise again. Indeed, the signs of recovery are already beginning to show,” he said.
Touching on fuel pricing, the Minister stated that government has plans to review the fuel pricing structure and the method of assessing foreign exchange losses and subsidies to help reduce the overall fiscal deficit.
Click here to read full text of the 2014 budget review
By: Evans Effah/citifmonline.com/Ghana