In accordance with Section 28 of the Public Financial Management Act, 2016 (Act 921), the Mid-Year Fiscal Policy Review of the Budget Statement and Economic Policy of the Government of Ghana for the 2023 Financial Year, will be presented to Parliament today, Monday, 31st July, 2023.
The presentation will provide an update on the implementation of the 2023 Budget, with insights into the economic and fiscal performance for the first half of the year.
It will also discuss policies implemented to stabilise the economy, promote growth and provide social protection for the vulnerable.
This is contained in a press release from the Ministry of Finance.
According to the release, the presentation would outline the critical imperatives to restore macroeconomic stability and accelerate economic transformation.
The release said issues that would be highlighted included structural reforms in expenditure commitment control and arrears clearance; debt management; financial stability and a growth agenda.
“In line with usual practice, we wish to indicate that Government will undertake the Post-Budget Engagements to explain the various policy choices to the public,” the release added.
Source: ghanaweb.com
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Government for the people and by the people but practically does not work in most Africa countries which include Ghana. The people have the power to vote but do not have any say. Gov. take taxes and even force the people to pay but how Gov. spend the taxes (money) the people do not have say .They will say the taxes are for development but about 99% of the taxes is spent of salaries and allowances .Then they go for loans for developments . Now salaries of workers remains down while that of our leaders goes higher and higher . Worker salaries cannot meet the current economic situation but Gov. continues to increase taxes . God save US