
Presenting the 2021 Budget Statement in Accra, he said the government spent wisely on COVID-19.
He explained that the government-provided financial clearance to employ additional 24,285 health professionals between March and June to help fight the pandemic.
“The drastic slowdown in economic activity led to a huge drop in domestic revenues, combined with a sharp and unplanned hike in COVID-related expenditures. In sum, this unprecedented crisis led to a sudden shortfall in Government revenues amounting to GH¢13.6billion; and; an unexpected and unavoidable rise in expenditures of GH¢11.7billion,” he said.
Watch the full presentation of the caretaker finance minister below;
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