In 2019 your company operated in a domestic condition that witnessed a real GDP growth of 6.5% from 6.3% in 2018. This was on the back of subdued inflation rate at the end of the year at 9.6% from the 9.4% during the year end 2018. This was a reflection of the tight monetary policy measures implemented during that year. A budget deficit of 4.8% of GDP amounting to GH¢ 3.69 billion was recorded in 2019 (as revenue amounted to GH¢ 58.9 billion against an expenditure of GH¢ 41.6 billion in 2018). There was a deterioration in the trade balance with an overall balance of payments deficit on cash basis of GH¢15.7 billion representing 4.5% of GDP 2019. The Cedi eventually depreciated by 12.9% in 2019. Anxiety about the upcoming 2020 election led to a general “wait and see” attitude on the part of investors and businessmen, both local and foreign. The Election was viewed as a success by the International Community because it did not result in violence and civil strife. This was the economic environment in which your Company operated in 2019.