Audio By Carbonatix
The finance minister ,Seth Terkper is expected to present the 2014 Budget to parliament on November 19.
This is the new date the Finance Ministry together with Parliament, has agree on for government's economic policy statement to be laid before the house.
The minister was originally scheduled to read the budget on November 14, however, it had to change the date because of some challenges on working on the necessary bills before the budget is laid before the house.
Joy Business has gathered that the budget is likely to focus on programs that would enhance the country's economic growth, while strengthening economic gains.
Sources say this is the way government plans to go despite the current challenges facing the economy. The Head of Budget reforms at the ministry of finance, Eva Mends, has told Joy Business the budget would also come up with programs to address the rising wage bill.
Another initiative that minister is expected to announce, is fusing spending plans of various ministries and agencies into results and achievable target.
This should mean that the every government department would from next year be asked to show what it has done with funds disbursed before new allocations are made for the next quarter. The initiative is part of a broader policy program to ensure that government gets value for money and check its rising expenses
Latest Stories
-
Five-year-old boy dies after getting caught in ski travelator
2 hours -
‘This is an abuse of trust’- PUWU-TUC slams gov’t over ECG privatisation plans
2 hours -
Children should be protected from home fires – GNFSÂ
2 hours -
Volta Regional Minister urges unity, respect for Chief Imam’s ruling after Ho central mosque shooting
3 hours -
$214M in gold-for-reserves programme not a loss, Parliament’s economy chair insists it’s a transactional cost
3 hours -
Elegant homes estate unveils ultra-modern sports complex in Katamanso
3 hours -
ECG can be salvaged without private investors -TUC Deputy Secretary-General
3 hours -
Two pilots killed after mid-air helicopter collision in New Jersey
4 hours -
2025 in Review: Fire, power and the weight of return (January – March)
4 hours -
Washington DC NPP chairman signals bid for USA chairmanship
4 hours -
Sheikh Ali Muniru remains Volta regional Imam, says National chief Imam
4 hours -
GoldBod CEO accuses Minority of hypocrisy over Gold-for-Reserves losses
5 hours -
Sammy Gyamfi to address alleged losses under gold for reserves programme on Jan 5
5 hours -
BoG–GoldBod $214m hit is design failure, not market loss – Minority
5 hours -
Festive season sees minor fires, but domestic cases hit 15–20 daily – GNFS
5 hours
