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2022 Budget to focus on reducing unemployment and economy’s recovery from COVID-19

The 2022 Budget Statement and Economic Policy of Government will focus primarily on reducing unemployment and expanding on the economy’s recovery from the COVID-19 pandemic, the Ministry of Finance has said.

In a statement, the ministry said the Budget will also focus on import substitution, digitization of the economy, skills development and entrepreneurship, among other points.

“In accordance with Article 179 of the 1992 constitution and Section 21 (3) of the Public Financial Management Act 2016 (Act 921), the Minister for Finance, Ken Ofori-Atta, will, on behalf of the president, lay before Parliament the 2022 Budget Statement and Economic Policy of Government on Wednesday 17 November 2021,” the ministry said.

“The Budget will primarily focus on expanding on the economy’s recovery from the COVID-19 pandemic, as well as creating a climate-friendly entrepreneurial state to address unemployment and import substitution.

“Digitalization of the economy, skills development and entrepreneurship will also feature prominently in the presentation,” it also said.

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