Given the rising cost of living, especially fuel and food, and the instability of the Ghanaian economy, the government of the country through President Akufo- Addo announced on Sunday, October 30, 2022. It was in a televised speech that he announced a set of macroeconomic and spending guidelines.

The Ghanaian government aims to improve the national economy and curb the rise in the cost of living, especially fuel and food. Akufo-Addo commented on the measures as follows: “We aim to restore and maintain macroeconomic stability over the next three to six years, with a focus on debt sustainability in order to promote sustainable and inclusive growth. while protecting the poor.” According to him, these measures adopted during the government's recent retreat aim to revive the economy for the next three to six years to come.

These same measures will, among other things, improve revenue collection from the current ratio of tax revenue to GDP from 13% to between 18 and 20%, and boost the country's economy. They will also make it possible to examine reforms in the energy sector, the implementation of the law on exemptions, the ceiling on statutory funds and the new property rate.