Audio By Carbonatix
The government has disclosed that its expenditure exceeded the total revenue generated from January to June this year, by GH¢22.3bn.
According to Finance Minister Ken Ofori-Atta, although GH¢28.3 billion was raised, an amount of GH¢50.6 billion was spent. He, however, while presenting the 2021 Mid-Year review of the Budget Statement and Economic Policy revealed that the deficit of GH¢22.3bn was financed from both foreign and domestic sources.
Tonight on PM Express, host, Evans Mensah and his panellists, former Deputy Information Minister, Felix Kwakye Ofosu and member of the Finance Committee in Parliament, Dr Stephen Amoah discussed the nitty-gritty of Ghana's fiscal deficit and what measures government can undertake to resolve the challenge.
Also, during the reading of the 2021 Mid-Year review, Mr Ofori-Atta revealed that government is ready with a comprehensive programme to create a million job opportunities for the youth in the next two and a half years.
The issue of employment for the youth in the country and how government would ensure that without worsening the public debt stock was also discussed.
Latest Stories
-
Morocco beat Nigeria on penalties to set up AFCON final against Senegal
10 minutes -
NaCCA Director-General apologises as withdrawn teacher manual sparks national outrage
16 minutes -
Mane destroys Salah’s Afcon dream again – will he get another chance?
39 minutes -
‘If Flick hadn’t come, I would have left Barca’ – Raphinha
59 minutes -
Real Madrid stunned by second division Albacete in Copa del Rey
1 hour -
Tottenham sign Gallagher from Atletico for £35m
1 hour -
Amateur stuns world’s best Jannik Sinner to win A$1m in Melbourne
1 hour -
FBI searches home of Washington Post reporter in classified documents probe
2 hours -
Trump administration pauses immigrant visa processing for 75 countries
2 hours -
UK–Ghana crack down on immigration crime as fugitive smuggler jailed
2 hours -
Ghana’s Benjamin Arhin shines on Internacional debut with Man of the Match display
2 hours -
Stanbic Bank Ghana maintain top rank in Customer Experience Leadership in 2025 KPMG Assessment
2 hours -
Newmont-backed AI smart lab powers Kona D/A students to victory at Ghana Robotics CompetitionÂ
3 hours -
Venezuelan acting president says hundreds of prisoners have been released since December
3 hours -
Nilex Suites holds first open house ahead of official launch
3 hours
