Minister of Finance Seth Terkper has beseeched Parliament to approve a Supplementary Estimate of GH�3,196,855,671 for the 2014 fiscal year to enable government effectively run the affairs of the country.
The need for a supplementary budget, Mr. Terkper explained was �necessitated by recent, and in some cases, longstanding global and domestic developments.�
This was contained in his mid-year review and revised budget and macroeconomic targets for 2014 presented to Parliament today in conformity with Article 179(8) of the Constitution and Standing Order 143 of this House.
He took time to update Members of Parliament on up-to-date performance of the economy in 2013 and the first five months of 2014. He also outlined measures for addressing Ghana�s international reserves to restore the value of the Ghana Cedi.
Below is a reproduction of the mid-year review and revised budget
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