Ghana Faces Extreme Economic Challenges - Finance Minister

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Finance Minister Dr. Mohammed Amin Adam presented the Mid-Year Fiscal Policy Review, acknowledging the severe impact of economic challenges on Ghanaians, but expressed optimism that government measures are yielding positive results and getting the country back on track.

The Finance and Economic Planning Minister, Dr. Mohammed Amin Adam, has shown empathy towards Ghanaians facing economic difficulties.

"Mr. Speaker, the last two years have been extremely challenging globally, and Ghana has not been an exception. The difficult economic environment has truly affected businesses and families, particularly the vulnerable in our society," Adam said. "These challenges have severely affected households, increased the cost of living and limited the creation of job opportunities. Our young people continue to seek employment opportunities beyond what the State can provide. It has, indeed, Mr. Speaker, been a difficult time and I empathise with our entire fellow Ghanaians," he said.

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