Ghana May Cut Spending by up to 20% if Revenue Targets Unmet

Ghana will cut 2022 expenditure if revenue targets aren’t met, Finance Minister Ken Ofori-Atta tells journalists in Accra Wednesday.

• “We’ve always been very good about cutting down expenditure appropriately”
• Govt expects to meet its revenue targets amid a push to broaden the tax net to 15.5 million people
• “We’ll push on revenue mobilization”
• Reducing expenditures by up to 20% will also be considered
• Link to main speech
• NOTE: Nov. 17, Ghanaian Finance Minister Targets Lower Budget Deficit (1)

To contact the reporters on this story:
Moses Mozart Dzawu in Accra at mdzawu@bloomberg.net;
Ekow Dontoh in Accra at edontoh@bloomberg.net

To ...