Ghana’s budget deficit easing to 4.2 percent

Ghana’s Finance Minister Ken Ofori. [Photo: Courtesy]

ACCRA- Ghana aims to narrow its budget deficit to 4.2 percent of gross domestic product in 2019 from a target of 4.5 percent in 2018, and forecasts GDP growth of 7.6 percent including oil, Finance Minister Ken Ofori-Atta said on Thursday.

The West African commodity exporter aims for inflation of 8 percent by the end of next year, the same as its 2018 target.

Non-oil growth is seen at 6.2 percent, Ofori-Atta said in a budget statement to Parliament.