General News

We’ll be in Parlaiment for 2023 budget presentation – Minority

The opposition Members of Parliament have announced in a statement that they will be in Parliament today Thursday November 24 for the 2023 budget presentation by the Finance Minister.

This, they said, is without prejudice to the investigation that is being done by the 8-member committee on the Finance Minister following the allegations they made against him.

“While we remain committed to seeing through the process to censure the Finance Minister , we are mindful of our duty to carry out oversight on the Executive and preserve the interest of the Ghanaian people whose livelihoods the Akufo-Addo/Bawumia administration has severely undermined through mismanagement of the economy,” a statement issued by the Minority Leader Haruna Iddrisu said.

The Ministry of Finance said in a statement released on Wednesday that the 2023 budget statement will feature government’s strategies to restore and stabilize the macro economy, build resilience and promote inclusive growth and value creation,

It will also feature updates on Ghana’s engagement with the International Monetary Fund for a supported programme, year-to-date macro-fiscal performance of the country, the YouStart initiative under the Ghana CARES programme, climate action strategies, fiscal measures and debt management strategies to ensure fiscal and debt sustainability and promote growth.

The Finance Minister Ken Ofori-Atta is expected to present the budget statement in Parliament today, Thursday November 24.

This comes after the New Patriotic Party lawmakers rescinded their decision to boycott the presentation if Mr Ofori-Atta was going to present it.

The Members of Parliament wanted another person other than Mr Ofori-Atta to do so but after an intervention by the NPP leadership, they have agreed to allow him to present the statement.

The economy has been going through struggles with the local currency performing badly against the major trading currencies especially the Dollar.

Inflation rate has increased to 40.4 percent.

The 2023 budget is expected to address these factors and others.

By Laud Nartey/


Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button