2020 budget statement: 5 interesting things Finance Minister Ofori-Atta said

2020 budget statement: 5 interesting things Finance Minister Ofori-Atta said

The 2020 budget statement was yesterday, Wednesday, November, 13, 2019, delivered to Parliament by the Minister of Finance, Ken Ofori-Atta.

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A lot of Ghanaians were expecting to hear what the government had in store for them since another financial statement was going to be presented to them.

The minister of finance made certain interesting revelations as to what the government has done and would be doing and a

READ ALSO: There would be no more potholes on our roads in 2020 – Adu-Boahene assures

YEN.com.gh has compiled a list of interesting things Ofori-Atta said during the 2020 budget reading.

1. "2019 has been a very good year for Ghana because inflation has slowed and the benefits are showing to Ghanaians"

The finance minister believes that 2019 has been a good one. Unfortunately, what he says and what the people actually think, do not tally. Ghanaians are complaining of how hard life has been this year.

2. "President Akufo-Addo has redeemed all of his promises"

"Wow!" This is exactly what some Ghanaians, especially those in opposition would be thinking. Recently, GhOne's News Anchor, Serwaa Amihere listed her assessment of the government so far.

Truth be told, the government has done well in achieving most, if not all of it's campaign promises.

3. "No more taxes to be introduced in 2020"

This is probably by far, the best news all Ghanaians, especially traders got from the finance minister's budget presentation in parliament.

It is obvious that the ordinary Ghanaian is fed up with the increment of taxes within very short periods.

This year alone, Communication Service Tax (CST), was moved from 6 to 9 percent. Water, electricity tariffs and fuel prices were increased as well.

4. "Government has moved from taxation to production"

Ken Ofori-Atta stated in his presentation to Parliament that, the government has moved from taxation to production.

People would find it hard to believe because even basic needs are not produced in the country but rather, brought in from other countries. Well, he must have solid data to back his claims.

5. "The year 2020 can be described as the year of roads"

If this statement is anything to go by, then Ghanaians can heave a sigh of relieve.

It is an open secret that the road network in the country is nothing to write home about. Residents of Ablekuma and Maheam, for instance, should be expecting to see good roads soon.

READ ALSO: 2020 budget: 2019 has been a very good year – Ofori Atta

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Source: Yen

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