5 Major highlights from the 2021 budget presentation by Osei Kyei

5 Major highlights from the 2021 budget presentation by Osei Kyei

The Majority Leader and Parliamentary Affairs Minister, Osei Kyei-Mensah-Bonsu today, March 12, 2021 presented the 2021 Budget statement to Parliament.

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He acted as an interim Minister of Finance to present the 2021 budget in the absence of Finance Minister-designate Ken Ofori-Atta.

The presentation of the budget to parliament took a little over three hours to with lots of new information and levies announced.

In case you missed it, YEN.com.gh has highlighted five major highlights from the 2021 budget presentation by Osei Kyei.

5 Major highlights from the 2021 budget presentation by Osei Kyei
5 Major highlights from the 2021 budget presentation by Osei Kyei Photo credit: YEN.com.gh
Source: UGC

1. Government to complete all abandoned project

Government has however, given an assurance that it will complete all abandoned and uncompleted public funded projects in the country.

According to Kyei-Mensah-Bonsu, this is part of government’s efforts to end the practice where government projects started by different administrations are abandoned by their successive administrations.

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2. Petroleum prices go up by 5.7percent

Caretaker Minister for Finance, Osei Kyei Mensa-Bonsu, says there will be a 5.7% increase in petroleum prices.

3. Access to electricity increased to 85% as of 2020 December

4. Government to absorb the registration fee for 416,066.

5. Ghana's total debt stock hit GHc 291 billion at the end of 2020

In other news, Vice President Dr Mahamudu Bawumia has reacted to reports that he has another wife apart from Samira Bawumia who is called Ramatu.

Rumours have been circulating on social media that Bawumia was married to one Ramatu and had sidelined her for Samira to take the main position as Second Lady.

The rumours started on January 7, 2021, during Bawumia's inauguration as vice president for the second term.

In a statement signed by his spokesperson, Dr Gideon Boako, Bawumia has denied the reports saying he does not even know the said lady.

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According to the statement, Bawumia has never met the said Ramatu and the reports were only calculated to tarnish his image.

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Source: YEN.com.gh

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