Ghana Seeks to Shield Budget Goal as Nurses Strike Over Pay Deal
President John Mahama who came to power this year after winning election in December plans to cut the overall fiscal deficit to 3.1% of gross domestic product this year from 7.9% of GDP in 2024, in order to sustain recovery of the economy after a debt crisis under the previous administration. He also aims to achieve a primary budget surplus of 1.5% of GDP versus a 3.9% deficit last year.
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