Ken Ofori-Atta, Finance Minister
Thu, 14 Nov 2019
Source: thebftonline.com
The cost of legacy debts and banking sector clean up amounted to GH?33billion, Finance Minister, Ken Ofori-Atta has said.
Presenting the budget statement and financial policy of the government of Ghana for the year ending 31st December,2020 in Parliament he maintained that gains so far made have been significant.
According to him, government has stabilized macroeconomic turbulence with economic growth doubling.
This is the first election year budget to place a cap of 5percent on government spending which is accordance of the fiscal responsibility act.
Source: thebftonline.com
Related Articles:
- Ofori-Atta presents 2021 Q1 budget statement to Parliament today
- Be conventional with spending estimates in advanced budget for Q1 2021 – Economist
- CSO’s propose GH¢1.5 million 2021 budget provision to Domestic Violence Fund
- Extend tax incentives to local firms - UNDP urges govt
- 2020 budget deficit will exceed 15%, don’t blame coronavirus – Terkper to govt
- Read all related articles
