The mid-year review presentation by Finance Minister Dr Mohammed Amin Adam will be delayed further.
The budget which was scheduled to be presented at 10 AM, has not been presented as of 1:43 PM.
TV3’s Komla Klutse who was in Parliament reported that the further delay is due to the Finance Minister’s inability to convince Members of Parliament “on welfare matters they are in arrears of. ie. DACF.
Dr. Mohammed Amin Adam (MP), per Section 28 of the Public Financial Management Act, 2016 (Act 921), will be presenting to Parliament, the Mid-Year Fiscal Policy Review of the Budget Statement and Economic Policy of the Government of Ghana for the 2024 Financial Year, Tuesday, July 23.
A statement issued by the Finance Ministry said that the Mid-year review offers an update on the implementation of the 2024 Budget, with insights into the economic and fiscal performance for the first half of the year, including updates on growth measures, revenue, and expenditure performance, financing, debt sustainability, and related matters as well as the IMF-supported Post Covid-19 Programme for Economic Growth (PC-PEG).
The document will also highlight budget implementation for the rest of the year and a possible review of proposed policies on growth with a focus on SME growth, status on implementation of key government programmes, revenue measures, and expenditure controls, and financing adjustments based on the half-year performance.
“This is the first time Dr. Amin Adam will be making a statement in Parliament since assuming office as Finance Minister in February 2024,” the statement stressed.
The post Mid-year budget presentation to delay further first appeared on 3News.
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