The Ministry of Gender, Children, and Social Protection participated in the launch of the Ghana Public Finance Review Report on Wednesday, February 12, 2025, at the Movenpick Ambassador Hotel. Minister Dr. Agnes Naa Momo Lartey emphasized the need for increased investment in social protection programs, such as the Ghana School Feeding Programme (GSFP) and the Livelihood Empowerment Against Poverty (LEAP).
These programs, according to the review report, play a crucial role in supporting vulnerable populations and must continue to expand in coverage and value of benefits. The Minister believes that strengthening and expanding these programs will help reduce vulnerability in Ghanaian society.
The launch, organized by the World Bank, provided an in-depth analysis of public revenue and expenditure, focusing on critical areas such as efficiency, equity, and impact. The review aims to inform Ghana’s fiscal consolidation efforts as the country recovers from the 2022 macroeconomic crisis.
World Bank Country Director Robert Taliercio noted that the Public Finance Review explores the critical role of effective fiscal policies and public financial management in achieving sustainable and equitable economic growth. The report outlines key recommendations for building an equitable and robust fiscal system, prioritizing spending on human development, agriculture, economic transformation, and climate resilience.
Ruth Abla ADJORLOLO
