MPC press release

Fiscal Developments Report – July 2021

Fiscal Developments Report – July 2021

Total Revenue & Grants for the first half of 2021 amounted to GH¢28,304.4 million (6.5% of GDP), lower than the target of GH¢32,362.5 million (7.5% of GDP). This outturn represented 87.5 percent of the 2021 Mid-year target and recorded a year-on-year growth of 18.2 percent. During the review period, domestic revenue amounted to GH¢27,856.7 million (6.4% of GDP), below the target of GH¢31,493.9 million (7.3% of GDP). The revenue outcomes reflected mixed performances of both tax and non-tax revenues.