28
Sep
Ghana’s health budget is expected to expand to ¢16.5 billion in 2024, from ¢15.2 billion in 2023. According to Fitch Solutions, the medical device market will benefit from increasing government spending on health and economic recovery over 2024. “We believe ongoing health infrastructure projects and rollout of the National Health Insurance Scheme will continue to support increased budgetary spending on health over the coming decades as well spending on pharmaceuticals and medical devices. We further highlight recovery in Ghana’s real Gross Domestic Product in 2024 after sharp declines in 2022 and 2023 will also support private spending on medical devices…