Tag Archives: BUDGET

Minister of Finance, Ken Ofori-Atta has disclosed that all things being equal he expects to present the 2023 Budget to Parliament, peacefmonline reports. The Minister who is currently the subject of a motion of censure told journalists in Parliament that he had, however, yet to be officially informed about the …

The Presidency overspent its budget by some GHC75 million, the Auditor General’s report on the public account for 2021 has revealed. The office of the president, according to the report, was allocated some GHC 82,970,658 for expenditure on compensation for 2021. However, per the A-G’s audit, the office the president …

The NDC minority caucus in parliament has cautioned the Bank of Ghana(BOG) to yield to Parliamentary oversight in its dealings, particularly in relation to money printing to finance government spending. A statement issued by the minority leader, Haruna Iddrisu on Friday, August 19, 2022 said the fiscal dominance regime the …

Former President, John Dramani Mahama has said the continuous depreciation of Ghana’s cedi “in recent days, clearly shows that the mid-year review of the 2022 budget failed to win back the confidence of the investor community”. The cedi as of August 9 is selling at GH¢9.12 to the US Dollar. …

The Finance Minister, Ken Ofori-Atta delivered the 2022 mid-year budget before parliament on Monday July 25, 2022. The minister who announced a number of economic relief measures and updates on key sectors of the economy also reviewed key macroeconomic indicators to reflect the current economic challenges in the country. For the most …

The Minister for Finance, Ken Ofori-Atta, in fulfilment of section 28 of the Public Financial Management Act, 2016 (Act 921), is presenting to parliament a review of the government’s 2022 Fiscal Policy. This fulfils the annual constitutional ritual for the finance minister to present to parliament a review of the budget …

The Minister for Finance Ken Ofori-Atta, will today, Monday, 25 July 2022, present the mid-year Budget Statement to Parliament. Mr Ofori-Atta who will be expected to give information on the performance of revenue and expenditure in the first half of 2022, and the figures for Ghana’s current budget deficit. The …

Vice President Mahamudu Bawumia has attributed the drastic depreciation of the local currency to challenges in approving the 2022 budget and the Russia-Ukraine war. According to him, the situation brought about low investor confidence in Ghana’s economy among others. “The financial markets’ assessments of the 2022 budget, unfortunately, concluded that …

Tamale Central Lawmaker, Ibrahim Murtala Muhammed, has said that as far as the Minority is concerned, the 2022 budget statement remains rejected. For the budget to be accepted, he said, the Minister of Finance would have to relay the entire document in Parliament with the changes duly reflected. “As far as we …

The government of Ghana has apportioned GHS10 million cedis for feasibility studies on the sea defence project in coastal areas affected most by erosion, including the coastal belt of the Volta Region, where some 6,000 locals were recently displaced by tidal waves. At a press conference on Monday, 6 December …