“If asked how President Mahama’s numerous SONA initiatives will be funded, l will suggest: enhanced revenue mobilization, cutting wasteful expenditure, checking pillage of state funds, and tapping more natural resource receipts,” Dr John Kwakye wrote on his X page.
Dr Ato Forson emphasized that his major target for this is to reduce inflation drastically to a single digit of 8%, increase domestic revenue mobilisation by about 5% of Gross Domestic Product, while stabilizing the Cedi. To achieve these, the fiscal system needs to be efficient in controlling government expenditure and improving revenue collection while eliminating leakages.
