Audio By Carbonatix
Minority Leader Haruna Iddrisu has described the Mid-year Budget review as more of a political pledge.
He believes, the Finance Minister’s review of the country’s mid-year but was not principled enough.
The former Employment Minister told KojoYankson on Joy FM's Super Morning Show Friday, that Ken Ofori-Atta failed to give a proper account of some monies.
“He came more as a manifesto pledge into the 2020 elections than a mid-year budget review of the budget in my view and I don’t find that principled enough.
"You are speaking to Parliament so, in all these instances, there should be accompanying detailed expenditure,” he stated
Mr Iddrisu indicated that the legality of the borrowing of some ¢10 million for the Bank of Ghana’s asset purchase program is questionable.
These comments were part of his reaction to the mid-year budget review presented to Parliament Thursday, July 24.
He stated that the Public Financial Management Act and the constitution require that Governor of the bank must refer to article 181 of the constitution when they intend to borrow.
“What he did was to come to Parliament and make a statement that he had determined with thee Controller Accountant general and another BOG official to borrow ¢10 billion.
"He came to present a statement and walk away. We raised procedural issues but we were ignored,” he said.
Latest Stories
-
NPP Electoral Area Coordinators in Ashaiman, Tema East join wave of declarations for Dr. Bawumia
22 minutes -
Tema East Constituency excuses Bawumia from campaigning, pledges votes
34 minutes -
NPP started ‘Nkokor Nkintikiti’ as poultry intensification – Bryan Acheampong
1 hour -
Government reopens Ussher and James forts after closure, imposes strict new rules
1 hour -
MTN Ghana honours 50 Mobile Money agents and merchants in Central Region
1 hour -
Ghana, Russia launch decade-long literary exchange to promote indigenous languages
1 hour -
Tanyigbe Traditional Council reaffirms the authority of Togbega Kodi Adiko VI
1 hour -
Korle Bu Mortuary: 320 unclaimed bodies set for mass burial
2 hours -
KBTH to hold mass burial for unclaimed and unidentified bodies
2 hours -
Eastern Region emerged NPP’s strongest performer in 2024 parliamentary polls – Bryan Acheampong
2 hours -
Central Region: FDA urges extreme caution in Christmas shopping
2 hours -
Klokpo Festival: Culture, unity and development take centre stage in Bakpa
2 hours -
MPs, DCEs urged to partner chiefs to accelerate Tongu development
2 hours -
I’ll restore discipline in the NPP—Bryan Acheampong
3 hours -
From North to South: The waste pipeline ends now
3 hours
