2016 Budget Described As

2016 Budget Described As "Dead Goat" By Minority

The Minority caucus in Parliament has described the 2016 budget as uninspiring and a betrayal of trust by the government [Finance Minster].

“[Terkper’s] presentation was full of perspiration with very little inspiration.”

"I have a dead goat syndrome;This is a dead goat budget,” Minority leader, Osei-Kyei Mensah-Bonsu  told his colleague legislators when he seconded the motion to adjourn sitting after the Finance Minister presented the budget.

READ ALSO: 2016 Budget: Download Full Statement

Mr Terkper presented government’s 2016 budget statement and economic policy on Friday, November 13.

It was on the theme: “Consolidating progress towards a brighter medium term”.

READ ALSO: 845 MW To Be Added To National Grid By End Of Year – Terkper

The “dead goat” phrase became synonymous with President Mahama, after he made the comment to suggest that he was not moved by criticisms about his performance any longer.

Some highlights of the 2016 budgets are:  Government will relaunch the  National Identification Project,

Total expenditures for 2016 is projected at 47 billion Ghana Cedis, Government will look to domestic and international markets to plug gap in total revenue and expenditure gaps and Total debt has been put at 92.2 billion Ghana Cedis (29 billion dollars).


Related news

Trouble! Ghana's total debt is now Gh¢119.9 bn

Trouble! Ghana's total debt is now Gh¢119.9 bn

Trouble! Ghana's total debt is now Gh¢119.9 bn
Mailfire view pixel