Ghana’s fiscal deficit seen narrowing to 9.4% in 2021

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ACCRA (Reuters) – Ghana’s fiscal deficit is projected to narrow from 11.4% of gross domestic product (GDP) in 2020 to 9.4% in 2021, the finance ministry said in a budget document on Monday.

The deficit will narrow further to 6.4% in 2022, 4.9% in 2023 and 3.2% in 2024, the ministry forecast.

Reporting by Christian Akorlie; Writing by Aaron Ross; Editing by David Goodman

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