Tag: midyear budget review
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Minority, business community react to Ken Ofori Atta’s Midyear budget review
After the Presentation of the Midyear budget review by the Finance minister, Ken Ofori Atta, in parliament yesterday, the minority in parliament and members of the business community have been reacting to portions of the captured policies. This comes at a time when the government is making efforts to get the economy back on track…
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Traders advocacy group lauds government for not introducing new taxes in budget review
Traders Advocacy Group Ghana has commended the government for not introducing new taxes in the 2021 mid-year budget review. The government as part of efforts towards reviving the economy amidst the Covid-19- pandemic earlier in the year introduced some new taxes, including the Energy Sector Recovery Levy. In an interview with Citi Business News, General…
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Finance Minister to present mid-year budget review today
The Finance Minister, Ken Ofori-Atta, will present the mid-year budget review in Parliament today, Thursday, July 29, 2021. The budget review, which is in accordance with Article 179 of the 1992 Constitution and the Public Financial Management Act 921, presents the opportunity to revise macroeconomic targets and present a comprehensive economic outlook for the rest…
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Gov’t misses 2018 half year revenue target
Finance Minister, Ken Ofori-Atta has disclosed that government missed its revenue target by 1.4 billion cedis for the first five months of the year. According to Mr. Ofori-Atta, the development has called for a revision to the fiscal framework and outlook to achieve the government’s fiscal objectives and targets. According to the finance minister, government…
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Midyear budget review comes off Monday
The Finance Minister, Ken Ofori Atta is expected to present his midyear budget review and economic planning to Parliament tomorrow, July 31, 2017. This is in fulfilment of the constitutional mandate requiring the Minister to give an account of the performance of the economy before the commencement of the second half of the year. Citi…
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No request for supplementary budget in midyear review
The Finance Ministry has stated it will not seek a supplementary budget even as it presents a midyear budget review to Parliament on Monday [July 31, 2017]. Per the constitution, the Finance Minister is expected to give an account of the performance of the economy before the commencement of the second half of the year.…