General News Mon, 29 Jul 2019

Budget review: Finance Minister wants ¢6.3bn more to spend in 6 months

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Finance Minister Ken Ofori Atta is seeking approval to spend some ¢6.3 billion in its Supplementary Budget for the remaining months of the fiscal year.

This was contained in the order paper for Monday’s proceedings in parliament as the Minister presents the Mid-year Review as well as Supplementary Budget.

Based on the 2019 appropriation bill, the Finance Minister was given the approval to spend some ¢78.7 billion.

This could mean that government's expenditure limit for 2019 would be peg at ¢85 billion for 2019.

The Deputy Finance Minister Kweku Kwarteng has already disclosed to JoyBusiness that the Minister would announce some new tax measures.

These are part of measures to help improve governments revenue for development and helping improve the livelihood of Ghanaians.

Source: Myjoyonline.com
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