Audio By Carbonatix
The Minister of Finance and Economic Planning, Dr Kwabena Duffuor, will on Thursday, July 14, present the Mid-year review of the Budget Statement and Economic Policy and also Supplementary Estimates, for the 2011 financial year.
A statement signed by Abdul Hakim Ahmed, Media Liaison, Ministry of Finance and
Economic Planning said, Developments since the last quarter of 2010 in the economy, had resulted in some changes in the assumptions underlying the 2011 Budget and Economic Policy presented to Parliament in November 2010.
Some of these developments include the passage of the Petroleum Revenue Management
Act and the availability of additional resources.
“This has necessitated the presentation of the supplementary estimates, to seek approval
for the utilization of the additional resources,” the statement said.
It said the resources will be spent on priority infrastructural and social intervention programmes, to enhance job creation.
The mid-year review is also to update Parliament on 2010 out-turn, as well as progress for the first half of the year.
Source: GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
‘Madam Koi Koi’: Nollywood actress Oby Kechere is dead
4 hours -
Nollywood actress Funke Akindele stranded over Air Peace delay in London
4 hours -
‘I didn’t want to marry artiste, pastor, politician’ – Banky W’s wife, Adesua
4 hours -
Actor Lateef Adedimeji, wife welcome triplets
4 hours -
‘Finding fuel was a problem’ – Davido explains after missing show
4 hours -
Air Ghana increases cargo fleet with third Boeing 737 freighter, boosting West Africa trade
4 hours -
Witness details management of multiple company accounts in Adu-Boahene trial
4 hours -
Court remands two over unlawful possession of arms
4 hours -
Manchester City reject Man Utd FA Youth Cup final venue offer
5 hours -
‘Caption this’ – Ferdinand and Carragher’s social spat
5 hours -
Terzic agrees to become new coach of Athletic Club
5 hours -
Foden reaches agreement over new Man City deal
5 hours -
Players will boycott a Slam ‘at some point’ – Sabalenka
5 hours -
Arsenal reach Champions League final for the first time in 20 years
5 hours -
National Food Buffer Stock needs GH¢770m to clear rice glut as GH¢100m procurement continues
5 hours