Minister of Finance lauds government for sound economic policies

Accra, July 18, GNA- Dr Kwabena Duffour, Minister of Finance and Economic Planning, on Wednesday lauded the President Mills-led administration for its sound economic policies that had helped to reduce the tax burdens on the ordinary Ghanaian.

He said these sound economic policies had helped in the implementation of numerous social interventions.

Dr Duffour, presenting a Supplementary Budget to Parliament on Wednesday, noted that Ghana had attracted a lot of investment from the private sector due to her conducive environment for businesses.

He said such acts had boosted consumer confidence in the economy as well as attract investors.

“Such policies had also manifested in high preference for our three and five year bonds that are now selling at a premium.”

He said the past three years had witnessed significant improvement in the life of Ghanaians as a result of the macroeconomic stability, robust growth and improved public safety.

Dr Duffour said government would work to ensure that the economic outlook continuously looked positive and that Ghana remained in the group of the world's high performers.

He pledged government's commitment towards strengthening the Public Financial Management system to ensure a transparent and accountable economic governance.

GNA