Tag Archives: Budget

The last time a national budget was rejected was that which was meant for the 1981/1982 fiscal year. It is one of many issues former Presidential Advisor during the Limann era, Prof Ivan Addae-Mensah wrote about in his book ‘Hilla Limann, scholar, diplomat, statesman.’ This budget is said to have …

      The Minister of Finance, Mr Ken Ofori-Atta, is expected to move for the adoption of the Mid-Year Review Budget Statement and Economic Policy of Government next week.   The Mid-Year Budget, which is the Government’s supplementary estimate for the 2021 financial year, would be proposed to the …

Majority Leader Osei Kyei-Mensah-Bonsu has indicated that the Speaker of Parliament does not have any power under the law to reject the budget. Speaker Alban Bagbin has threatened to reject the budget because there has been a slash in the budget for the Legislative and Judicial arms of government.   …

Finance Minister, Ken Ofori-Atta, has described the 2021 budget as a battle cry with a call on all Ghanaians to share the burden The covid-19 pandemic has ravaged global economies with Ghana as no exception, as the coronavirus pandemic increased the cost of government expenditure by about GH¢25 billion.   …

The 2021 budget statement presented to parliament by leader of government business Osei Kyei-Mensah-Bonsu has pegged Ghana’s fiscal deficit at 13.7 per cent of Gross Domestic Product (GDP). This deficit, according to the budget, includes the cost of the financial sector cleanup up.     “The fiscal deficit including the …