President to launch 100 billion fund to manage Covid-19

Finance Minister, Ken Ofori-Atta has disclosed that President Akufo-Addo will soon launch a GHC100 billion development program to mange the Covid-19 pandemic.

While presenting the 2020 Mid-Year Budget Review, the Minister noted that, the fund is intended to cater for the negative economic impact the Covid-19 pandemic has had on the country.

Referring to IMF’s projection of 170 countries seeing per-capita decline due to Covid-19, the Minister said beyond 2020, economic development will be challenging.

He added that the fund will help boost economic losses.


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