Macroeconomic stability and the ordinary Ghanaian (Star RFM- May 28, 2019)
Macroeconomics and fiscal gains are relevant benchmarks for assessing the performance of a country and the livelihood of its citizens. According to the World Bank, macroeconomics combines various policies, resources and technologies to develop the economy resulting in poverty alleviation and social equity. Fiscal policy on the other hand monitors the actions of governments in managing revenues, expenditures, and debt to ensure the attainment of a healthy economic growth in their quest to develop the country. The relationship between revenue and expenditure is therefore critical for policy makers as it determines the fiscal surplus or shortfall resulting in an overall macroeconomic stability.
The whole Press Release is available here.