Dr. Amin Adam
Total expenditures including arrears clearance and discrepancy for the first half of 2024 was estimated at GH¢101.21 billion, the July 2024 Monetary Policy Report by the Bank of Ghana has revealed.
This represents 9.6% of Gross Domestic Product (GDP).
However, it was below the target of GH¢104.77 billion (10% of GDP) by 3.4 percent despite its 66.5% year-on-year increase.
Compensation
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