The Minister for Finance, Ken Ofori-Atta, has told Parliament that the government has turned the corner, as it informed the House earlier that it was doing so.
According to him, the evidence of the positive turnaround was when inflation started to decline from 54.1 percent in December 2022 to 35.2 percent in October 2023.
The minister said this in Parliament today when he presented the 2024 financial statement and fiscal policy.
He said, “Mr. Speaker, in the mid-year review, I informed this House that we had started
turning the corner. Today, it is evident that: We turned the corner when inflation started declining from 54.1 percent in December 2022 to 35.2 percent in October 2023.”
