Parliament approves GH¢73 billion for 2019 projects

Parliament approves GH¢73 billion for 2019 projects

- Parliament has approved the withdrawal of over GH¢73 billion for developmental projects in 2019

- This comes after two weeks of debate in parliament about approval of the money for the projects

Parliament has finally approved the request by the Government of Ghana to withdraw over GH¢73 billion from the Consolidated Fund and other government funds to finance development projects in 2019.

The House would be expected to endorse the allocation of funds to the Ministries, Departments and Agencies, and then pass the Appropriation Bill.

Both the minority and majority in parliament scrutinized the budget, with the Minority Side expressing reservations on fulfillment of the promises of government in the budget even before it was read.

Parliament approves GHc 73 million for 2019 projects

Parliament approves GHc 73 million for 2019 projects Source: Supplied

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The debate on the motion ended with leaders of both the Majority and Minority making their contributions on the motion.

Minority leader and Member of Parliament for Tamale South Haruna Iddrisu blamed government for failing to achieve economic targets for 2018, and that of the coming years dwelt on borrowing.

He criticised the New Patriotic Party (NPP) government for contracting loans of more than GH¢50 billion over their two years in office, but there was nothing they could do to show for it.

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According to him, the government was channeling those monies into unproductive sectors of the economy.

He explained that, the financial sector was crumbling under the NPP government as it continued to record negative growth in the two years of being in office.

However, the Majority Leader in parliament, Osei Kyei-Mensah- Bonsu, commended the NPP government on the management of the economy, explaining that, the economy had picked with improved GDP growth and reduced inflation in just two years

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