Audio By Carbonatix
Government through the Finance Minister, Ken Ofori-Atta has announced some 13 measures to rationalise public expenditure.
According to him, these measures are Cabinet directives that are expected to take effect from January 2023.
This comes on the back of several calls by some sections of the public for the government to cut down its expenditure to salvage the economy.

Currently, Ghana's economy is under pressure, resulting in higher living costs and galloping inflation.
Presenting the 2023 Budget in Parliament on Thursday, Mr Ofori-Atta stated that the measures are "a first step towards expenditure rationalisation."

The 13 measures are listed below:
- All MDAs, MMDAs and SOEs are directed to reduce fuel allocations to Political Appointees and heads of MDAs, MMDAs and SOEs by 50%. This directive applies to all methods of fuel allocation including coupons, electronic cards, chit systems, and fuel depots. Accordingly, 50% of the previous year's (2022) budget allocation for fuel shall be earmarked for official business pertaining to MDAs, MMDAs and SOES;
2. A ban on the use of V8s/V6s or its equivalent except for cross-country travel. All government vehicles would be registered with GV green number plates from January 2023;
3. Limited budgetary allocation for the purchase of vehicles. For the avoidance of doubt, purchase of new vehicles shall be restricted to locally assembled vehicles;
4. Only essential official foreign travel across government including SOEs shall be allowed. No official foreign travel shall be allowed for board members. Accordingly, all government institutions should submit a travel plan for the year 2023 by mid-December of all expected travels to the Chief of Staff;
5. As far as possible, meetings and workshops should be done within the official environment or government facilities;
6. Government-sponsored external training and Staff Development activities at the Office of the President, Ministries and SOEs must be put on hold for the 2023 financial year;
7. Reduction of expenditure on appointments including salary freezes together with suspension of certain allowances like housing, utilities and clothing, etc.;
8. A freeze on new tax waivers for foreign companies and review of tax exemptions for free zone, mining, oil and gas companies;
9. A hiring freeze for civil and public servants
10. No new government agencies shall be established in 2023;
11. There shall be no hampers for 2022;
12. There shall be no printing of diaries, notepads, calendars and other promotional merchandise by MDAs, MMDAs and SOEs for 2024;
13. All non-critical projects must be suspended for 2023 Financial year.
Latest Stories
-
Atiwa East DCE fined GH₵12,000 for contempt in galamsey case
9 minutes -
Bawumia was a driver’s mate and could not overrule the driver – Adwoa Safo mounts strong defence
24 minutes -
Ofori-Atta’s 20% killer tax destroying 24-Hour industralisation
37 minutes -
RESET: The unpunished betrayal of the Ghanaian consumer
46 minutes -
CICMG drives credit reform to strengthen Ghana’s financial sector
47 minutes -
Fashion’s hidden cost: Ghana’s burden, Ghana’s solutions, and the vision for a sustainable future
48 minutes -
GHS warns of rise in road traffic accidents during Christmas festivities
58 minutes -
PMI Ghana advocates for project management act after touring critical Accra-Tema Motorway & Extension Project
58 minutes -
Gender Ministry demands justice for abused 6-year-old in Asamankese
1 hour -
Let’s build a bridge between ECOWAS and Sahel States – Mahama
1 hour -
Hindsight: Is the GPL competitive, or are teams just inconsistent?
1 hour -
Ghana’s diplomatic counterstrike: Vindication of sovereign dignity
1 hour -
We’re committed to two-term presidential limit — NDC
1 hour -
Zenith Bank Ghana kicks off the Christmas season with 2025 carols night celebration
1 hour -
African films must be told with purpose and excellence to compete globally – Veep
1 hour
