Tag Archives: BUDGET

Coronavirus is not the bane of Ghana’s budgetary challenges – Seth Terkper

Former Minister of Finance, Seth Terkper, has described the 2021 Budget as an Austerity Budget since it lacks the Management of Expenditure Statement, which has been missing since the 2018 budget. Speaking on GBC’s Current Affairs Programme, ‘FOCUS’, Mr. Terkper said challenges with the Economy started before the outbreak of COVID-19 and asked …

Read More »

Bagbin threatens to reject Akufo-Addo’s 2021 budget

The Speaker of Parliament Alban Sumana Bagbin has issued a stern warning to Committees which will consider the 2021 budget estimates against approving such estimates with the figures offered by the president. The speaker further disclosed that he will not forward the appropriation bill to the president for his assent …

Read More »

New taxes, tax cuts clash in 2021 budget

In an effort to achieve direly needed fiscal consolidation while at the same time providing equally greatly needed stimulus to the economy, the President Nana Akufo-Addo administration has unveiled 2021 national budget proposals that comprise a curious combination of tax rebates and newly introduced levies. While the new levies have …

Read More »

2021 budget full of revised austerity notes with bully taxes and levies— Gatsi

The 2021 budget full of revised austerity notes with bully taxes and levies, an economist Professor John Gatsi has said. The budget statement was presented on the floor of the House by Leader of Government Business in Parliament Osei Kyei Mensah Bonsu on Friday March 12. The budget statement has …

Read More »

LIVESTREAMING: 2021 Budget Statement presentation

The majority leader in parliament Osei Kyei-Mensah-Bonsu is reading the 2021 budget and economic policy for the year on behalf of Finance Minister Ken Ofori-Atta who is currently in the United States to seek medical care. President Nana Addo Dankwa Akufo-Addo made the decision to allow the Minister for Parliamentary …

Read More »

Osei Kyei-Mensah-Bonsu reads 2021 budget today

Speaker of Parliament Alban Bagbin on Thursday evening confirmed that Majority Leader and Member of Parliament (MP) for Suame will present the budget statement of the government of Ghana for 2021. The presentation of the budget is normally done by the Finance Minister on the authority of the President. This year, however, the shift had …

Read More »

Majority Leader Presents Budget Statement Tomorrow March 11, 2021

Majority Leader, Osei Kyei Mensah-Bonsu, will present the 2021 Budget Statement tomorrow, Friday 12, 2021. The presentation is scheduled to take place in Parliament at about 10:00am. He is stepping in the shoes of the Finance Minister-designate, Ken Ofori-Atta, who is taking treatment in the US. There had been speculations …

Read More »

2021 budget will rush Parliament – Terkper explains

The budget reading for 2021 is rearing to suffer some hiccups in terms of time constraints and pressure on the House and its Committees to work with conventional due diligence. The Budget process involves discussions, debates and approving government economic policies and approval of appropriations for the various Ministries, Departments …

Read More »

REVEALED: Inside story of how, why Akufo-Addo snubbed both Bawumia and Alan over 2021 Budget reading

President Nana Addo Dankwa Akufo-Addo snubbed Vice President Mahamudu Bawumia and Trade Minister Alan Kyerematen when he designated the Minister of Parliamentary Affairs and leader of government business in Parliament, Mr Osei Kyei-Mensah-Bonsu to read the 2021 Budget Statement in Parliament on Friday, March 12. The two NPP stalwarts, Alan …

Read More »

Who will present the 2021 budget statement?

There’s been some skepticism as to who will be delivering government’s 2021 Budget Statement and Economic Policy before Parliament next week. The Finance Minister-designate, Ken Ofori-Atta is currently in the United States undergoing treatment for post-COVID-19 complications. His doctors however have advised him to stay on for another two weeks for further observation and …

Read More »