Ghana to trim deficit to 9 pct, eyes 8 pct growth in 2013- source

Written By Unknown on Selasa, 05 Maret 2013 | 18.12

ACCRA, March 5 | Tue Mar 5, 2013 5:27am EST

ACCRA, March 5 (Reuters) - Ghana's 2013 budget aims to trim the fiscal deficit to 9 percent, from just over 12 percent in 2012, by enhancing tax revenues and controlling expenditures, a source with knowledge of the document said on Tuesday.

The government spending plan assumes an economic growth rate of 8 percent in the oil, cocoa and gold producing nation and targets an inflation rate of 9 percent. Ghana's finance minister will present the budget to parliament later on Tuesday.


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