Economist upbeat about clear strategy for economic recovery in 2021 Budget

Economist, Dr. Eric Osei-Assibey wants this year’s budget presentation to focus on the laying out of a comprehensive roadmap on economic recovery from the covid-19 pandemic.

According to him, it doesn’t matter who is delegated by President Akufo-Addo to present the statement before Parliament, but rather, government’s approach to reopening the economy cannot be over-emphasised.

“As you know, growth has slowed considerably, we’ve had underperforming revenue, our expenditure going far ahead of the target, fiscal deficit running over the statutory target and so largely, it should be about measures to ensure recovery”.

“This because we all know that the road to recovery can be long and also bumpy”, he told Joy Business

Who reads the statement?

Latest information gathered by Joy Business reveals that Vice President, Dr. Mahamudu Bawumia is likely to present the 2021 budget to parliament due to the medical leave of the Finance Minister Designate, Ken Ofori Atta, who is presently in the United States

The budget is expected to be read on Friday, March 12, 2021.

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