- The 2017 budget was presented to parliament on March 2, and was approved after six days of debate
- The Finance Minister will go before parliament on Monday to give a mid-year review of the financial statement
Ken Ofori-Atta, the Minister for Finance will on Monday, July 31 present the mid-year review of the Budget Statement and Economic Policy of the government for the 2017 financial year to parliament.
This was announced by the Majority Leader, Osei Kyei Mensah-Bonsu, during his presentation of the Business Statement for the 10th week last Friday.
In a report by Graphic Online, Parliament is expected to review the budget and engage in a discourse throughout the week.
The 2017 ‘Asempa’ Budget was presented to parliament by the Finance Minister in March this year.
This is the first Budget statement by the government since the New Patriotic Party took over the leadership of the country in January.
The budget even though was approved six days after its initial review, faced strong opposition by the Minority, who described the budget as lacking in various executable measures to kickstart the government projects.
They further accused government of taking up policies that were not of high priority at the moment, while completely sidestepping key sectors of the economy.
However, this was strongly debunked by the Majority, who said the removal of certain taxes and duties as was stipulated in the budget would be a step in the right direction to aid local business as well as,add to economic growth.
Want to be featured on YEN.com.gh? Send us an email at firstname.lastname@example.org with your stories, photos or videos or contact us via our Facebook page.