Ensure 2017 fiscal deficit target is achieved – World Bank to gov’t

The World Bank has urged government to institute measures to ensure that it stays within its fiscal deficit target outlined in the 2017 budget.

The World Bank has supported the country with about $1.2 billion credit to help finance government’s agenda of bringing back the economy unto the path of progress.

Speaking with the media after an interaction with President Nana Akufo-Addo on Tuesday, April 4, World Bank Vice President for Africa, Makhtar Diop, underscored the need for the New Patriotic Party (NPP) government to ensure it achieves its fiscal deficit target.

“It will be important that as the budget was presented, the target that has been set of fiscal deficit be kept and be realised,” he noted.

He also encouraged expenditure which is guided strictly by fiscal guidelines.

This was after an earlier meeting with Mr Akufo-Addo in a closed door session at the seat of government to discuss development challenges and opportunities in education, energy, agriculture, and other sectors of the economy.