As of the second quarter of 2023, government expenditure allocated to social benefits was some 221.7 million Ghana cedi, around 18.55 U.S. dollars. In the second quarter of 2020, it reached 112.71 million Ghana cedis (GHS) (approximately 9.8 million U.S. dollars). To help ease societal burden due to the rising number of COVID-19 cases in Ghana in that period, the government canceled bills for lifeline electricity users in the country for specific months, and this may account for the rise in expenditure.
Provisional government expenditure on social benefits in Ghana from 1st quarter 2020 to 2nd quarter 2023
(in million Ghanaian cedis)
Data have been retrieved from several publications.
The currency conversion rate is as of January 25, 2023.
Social benefits is the sum of benefits to society from the production or consumption of goods or services. The social benefit considered here is the lifeline consumption of electricity only.
Data for Q4 2022 is not available.
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Bank of Ghana. (July 9, 2023). Provisional government expenditure on social benefits in Ghana from 1st quarter 2020 to 2nd quarter 2023 (in million Ghanaian cedis) [Graph]. In Statista. Retrieved November 07, 2024, from https://www.statista.com/statistics/1188266/government-expenditure-on-social-benefits-in-ghana-by-quarter/
Bank of Ghana. "Provisional government expenditure on social benefits in Ghana from 1st quarter 2020 to 2nd quarter 2023 (in million Ghanaian cedis)." Chart. July 9, 2023. Statista. Accessed November 07, 2024. https://www.statista.com/statistics/1188266/government-expenditure-on-social-benefits-in-ghana-by-quarter/
Bank of Ghana. (2023). Provisional government expenditure on social benefits in Ghana from 1st quarter 2020 to 2nd quarter 2023 (in million Ghanaian cedis). Statista. Statista Inc.. Accessed: November 07, 2024. https://www.statista.com/statistics/1188266/government-expenditure-on-social-benefits-in-ghana-by-quarter/
Bank of Ghana. "Provisional Government Expenditure on Social Benefits in Ghana from 1st Quarter 2020 to 2nd Quarter 2023 (in Million Ghanaian Cedis)." Statista, Statista Inc., 9 Jul 2023, https://www.statista.com/statistics/1188266/government-expenditure-on-social-benefits-in-ghana-by-quarter/
Bank of Ghana, Provisional government expenditure on social benefits in Ghana from 1st quarter 2020 to 2nd quarter 2023 (in million Ghanaian cedis) Statista, https://www.statista.com/statistics/1188266/government-expenditure-on-social-benefits-in-ghana-by-quarter/ (last visited November 07, 2024)
Provisional government expenditure on social benefits in Ghana from 1st quarter 2020 to 2nd quarter 2023 (in million Ghanaian cedis) [Graph], Bank of Ghana, July 9, 2023. [Online]. Available: https://www.statista.com/statistics/1188266/government-expenditure-on-social-benefits-in-ghana-by-quarter/
