Presentation outline:

• Introduction:
• 2019 budget in perspective
• Ghana’s Debt in Context
• Ghana and IMF: Love at first sight, marriage, divorce and remarriage
• Structural similarities: Ghana in 1965 and Today
• 2019 Post ECF Budget Measures
• Way forward for Ghana

2019 Budget Issues:

The following macroeconomic targets are set for the 2019 fiscal year:

• Overall Real GDP growth of 7.6 percent;
• Non-Oil Real GDP growth of 6.2 percent;
• End-period inflation of 8.0 percent;
• Fiscal deficit of 4.2 percent of GDP;
• Primary surplus of 1.2 percent of GDP; and
• Gross International Reserves to cover not less than 3.5 months of imports of goods and services.

Source: MoF, 2019 Budget

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