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Ghana considering a law to limit fiscal deficit to 5 pct of GDP

Ersin Çelik
14:50 - 7/08/2017 Pazartesi
Update: 14:58 - 7/08/2017 Pazartesi
REUTERS
Ghanaian cedi
Ghanaian cedi

Ghana is considering passing a law that will restrict government's fiscal deficit to not more than 5 percent of GDP, the country's Senior Minister Yaw Osafo-Maafo said on Monday.

The proposed Fiscal Responsibility law will have provisions to punish government officials who exceed spending limits, Osafo-Maafo told a meeting of business leaders in the capital Accra.

#Ghana
#GDP
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