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Business News Wed, 15 Nov 2017

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Ofori-Atta presents 2018 budget

Minister of Finance Ken Ofori-Atta is expected to present the 2018 Budget and Economic Policy Statement to Parliament today, Wednesday, 15 November.

Ahead of the presentation, some labour experts are expecting a job-driven budget to employ millions of jobless Ghanaians after the government having stabilised the economy in the first year in office.

It is believed that government will allocate GH¢1.2 billion to the implementation of the Free Senior High School (SHS) programme in 2018 as it plans to expand coverage to continuing students.

The government will also sink GH¢480 million into payment of allowances to teacher and nurse trainees.

Government also intends to allocate GH¢150 million to the Zongo Development Fund (ZDF).

Other areas the Minister is expected to address include health, agriculture, government’s One-District-One-Factory programme, taxes, industrial reforms and major macroeconomic factors, among others.

Source: Class FM

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