Finance Minister Seth Terkper is expected to present to Parliament a mid-year review of estimates in the 2015 budget next Tuesday.

This has been influenced by some changes in government’s revenue and expenditure numbers because of the cedis’ appreciation.

The review is likely to touch on revenue targets and the expenditure numbers.

The Finance Minister earlier this year, reviewed the targets, hoping that government will not spend more than 37 billion Ghana cedis, and raise 30 billion Ghana in revenue.

However looking at the cedi’s record performance, government’s earnings from exports are likely to decline, if the cedi’s gains are sustained.

It is therefore important for the minister to come up with new measures to ensure there’s no decline in revenue.

The Finance Minister is likely to review tax exemptions granted to businesses, hike taxes and introduce new administrative measures to improve collections.

Mr. Terkper is also expected to review expenditure numbers as the cedis’ appreciation against the dollar, could result in substantial reduction in interest paid on foreign loans.

Joy Business is learning that the country’s public debt which has hit 89 billion Ghana cedis could reduce substantially in the coming weeks, which will affect government’s expenditure numbers.

The Finance Minister will also give government’s own assessment of how the economy has performed in the first half of this year and project for the next five months.

He would also announce some new policy measures to help stabilize the economy and seek parliamentary approval for some new revenue that are coming in.