The 2021 and medium-term fiscal poliThe 2021 and medium-term fiscal policy framework was based on Government's broad macroeconomic objective of restoring and sustaining macroeconomic stability with a focus on fiscal consolidation and debt sustainability over the medium-term.cy framework was based on Government's broad macroeconomic objective of restoring and sustaining macroeconomic stability with a focus on fiscal consolidation and debt sustainability over the medium-term.
Access to financing remains a significant challenge for local companies. Commercial bank rates average 28 percent. Government debt remains high, at 78 percent of GDP (March 2022), and domestic revenue mobilization remains a challenge.
Ghana is the third largest U.S. export market for goods in Sub Saharan Africa. Beyond its traditional industries of agriculture, mining - and more recently, oil and gas production – Ghana's digital, financial services, education, and franchising sectors are growing fast.
Supporting private sector growth in strategic export-oriented sectors including, but not limited to, agriculture and agricultural processing, services to enable greater exports, garment and apparel production, and light manufacturing
The political structure of Ghana – a unitary state and a presidential system – concentrates significant of power in the presidency. The is no strong veto power in parliament and the courts. Officeholders, especially presidential appointees, are subordinate to the president.
