24.1 C
Accra
Monday, July 8, 2024
BusinessPublishing wrong claims about economy not helpful Finance Ministry

Date:

Publishing wrong claims about economy not helpful Finance Ministry

spot_img

The Ministry of Finance has urged the general public to check with them on issues relating to the economy and macroeconomic data before making public pronouncements.

The Ministry described as false and misleading, report by the fact-checkghana.com of the Media Foundation for West Africa (MFWA) suggesting that Government has shared different macroeconomic data with Ghanaians and the International Monetary Fund (IMF).

- Advertisement -

Factcheck-ghana.com has said it crosschecked the data submitted to the IMF by Ghanaian authorities and what has been previously shared with Ghanaians and published by the Ministry of Finance.

“Based on the figures, we conclude that indeed, the data presented by the government to the IMF are different from those in budget statements.

- Advertisement -

“The fact-checking team found disparities between the data published in the statement of the IMF and data from the Budget Statements of 2019 and 2020 that the Minister of Finance, Ken Ofori Atta, presented to Parliament.”

But the Finance Ministry urged the public to reject this claim.

- Advertisement -

A statement from the Ministry on Sunday, May 10 said: “Our attention has been drawn to a publication by fact-checkghana.com of the Media Foundation for West Africa suggesting that Government has shared different macroeconomic data with Ghanaians and the International Monetary Fund (IMF). We wish to state that this assertion is false and misleading.

“May we state that the Ministry of Finance welcomes discussions of the economic information we provide. Such discussions help us in managing the economy. We also operate an open-door policy.

“We urge the public to seek clarification on matters they may have difficulty with and we would be happy to help resolve any misunderstanding. Publishing such wrong claims about the economy is not helpful.”

Source: laudbusiness.com

Latest stories

Communicate properly although you take your job seriously – Franklin Cudjoe tells NAPO

Founder and president of IMANI Africa, Franklin Cudjoe, has...

It’s been 10 years since I heard from Shatta Wale – Mother

The mother of Ghanaian dancehall artist Charles Nii Armah...

Gyan, Bawumia launch All Regional Games at Baba Yara stadium

On Saturday, July 6, 2024, former Ghana international Asamoah...

Maid caught on CCTV urinating into employer’s cup

A viral CCTV video has captured a disturbing incident...

I need a psychologist, I’m not well – Chef Smith pleads

Ghanaian Chef Ebenezer Smith, also known as Chef Smith,...

Related stories

Ghana partners Chinese company to build $450m manganese refinery

CEO of the Minerals Commission, Martin Ayisi, has announced...

First phase of Boankra Inland Port sees 40% completion

About 40% of the initial phase of the $308...

Accra to host first Electric Revolution Africa E-mobility conference

Ghana is set to host the inaugural Electric Revolution...

Prices of gari go up due to cassava shortage

The gari market in Koforidua is grappling with a...

World Bank supports COCOBOD with US$100m to rehabilitate cocoa farms

The Ghana Cocoa Board (COCOBOD) has secured a US$100...

Idea of a common currency has been overtaken by digital payment age – Bawumia

Vice President of Ghana, Dr. Mahamudu Bawumia, has called...

Ghanaians to utilize 4G as primary source of mobile phone connectivity by 2033 – Report

4G networks are projected to remain the primary connectivity...