We will achieve 8% end-year inflation target – Ofori-Atta - News Summed Up

We will achieve 8% end-year inflation target – Ofori-Atta


Business News of Tuesday, 14 May 2019Source: thebftonline.comWe will achieve 8% end-year inflation target – Ofori-AttaKen Ofori-Atta, Finance MinisterFinance Minister, Ken Ofori-Atta, has assured that government is on course to achieve its 8 percent end-year inflation target set for the 2019 fiscal year. Despite inflation averaging 9.8 percent in 2018 and projected by the Economic Intelligence Unit (EIU) to rise to 11 percent this year, due to pressure on the local currency, the Finance Minister is optimistic the set target will be achieved. We are on course,” Atta said Finance Minister Ken Ofori-Atta. Inflation for March increased by 0.1 percentage point from the 9.2 percent recorded in February 2019 to 9.3 percent. He said the banking sector reforms are imperative in protecting the hard-earned funds of millions of Ghanaians.


Source: GhanaWeb May 14, 2019 11:48 UTC



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