Ghanaian Govt stretches out Begging bowl for $2bn
GhanaWeb reports on the budgetary gap in the countries development programme, a shortfall that DENI would be able to address:
After taking into account the domestic fiscal efforts with respect to revenue enhancement and expenditure realisation as well as the relief funds from HIPC and Multilateral Debt Initiatives(MDI), a resource gap of $2.04 bn still remains to be financed, Deputy Finance and Economic Planning Minister Anthony Akoto-Osei said…out of the total amount of $12.7 bn projected to finance the second phase of the Growth and Poverty Reduction Strategies, Government intends to raise about $2.7bn from domestic sources while relying on the $4.5 bn pledge from the development partners including the $544m grant from the Millennium Challenge Account.