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The 2022 Budget Statement and Economic Policy of Government will focus mainly on reducing unemployment and expanding on the economy’s recovery from the COVID-19 pandemic, the Ministry of Finance has said.
In a statement, the ministry said the budget will also focus on import substitution, digitalisation of the economy, skills development and entrepreneurship among others.
“In accordance with Article 179 of the 1992 Constitution and Section 21 (3) of the Public Financial Management Act, 2016, (Act 921), the Minister for Finance, Ken Ofori-Atta will, on behalf of the President lay before Parliament, the 2022 Budget Statement and Economic Policy of Government on Wednesday 17 November 2021.
“The budget will primarily focus on expanding on the economy’s recovery from the COVID-19 pandemic, as well as creating a climate-friendly entrepreneurial state to address unemployment and import substitution. Digitalisation of the economy, skills development and entrepreneurship will also feature prominently in the presentation,” the statement said.
Review road tolls
Meanwhile, the Ghana Private Road Transport Union (GPRTU) has called on the government to review the payment of road tolls in the country.
Godfred Abulbire Adogma, general secretary of GPRTU said the payment of road tolls should be substituted with GHC1 pesewa increment on the energy levy and that can take care of the tolls that are collected at the various toll booths in the country.
“When you come to the issue of road tolls, even if the government decides to raise the current amount of GHC1 to GHC2, that wouldn’t be enough. So, we have itemized all the reasons and the government could scrap off all the toll booths and rather charge an amount on a litre per fuel, that can be another measure to prevent revenue leakages,” he noted.
Source: asaaseradio.com
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