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
-
A-G owes it a duty to the State even if we don’t trust him – Dr Bomfeh on AKSA bribery probe
4 minutes -
A Plus dismisses claims poor English explains his limited role in Parliament
12 minutes -
Unauthorised drone flights banned at Manhyia Palace
43 minutes -
Aksa bribery scandal: Ghana’s probe must be pursued with speed – Dafeamekpor
59 minutes -
Samson’s Take: When religion threatens peace, sanity must prevail
1 hour -
Friendship: Why time matters less than continuity
2 hours -
Africa’s AI moment: They say data is the new gold. But who is drilling it?
2 hours -
Ghana delivers strong performance in retail market in half-year; value up 15.6% – Maverick Research
2 hours -
The world’s oldest president left for a ‘brief stay’ in Europe. He hasn’t returned in two months
2 hours -
Parliamentary committee commends GIPA’s investment drive, backs key reforms
2 hours -
Livestream: Newsfile discusses AKSA energy deal, legal vacation and GoldBod losses
2 hours -
Jason Arday: 10 things you may not know about British-born Ghanaian former Cambridge professor found dead at 41
5 hours -
KNUST partners with government to manufacture locally-made agricultural machines and smart traffic lights
5 hours -
Government to add constitutional referendum to 2027 District Assembly elections
6 hours -
Ambassador Nancy Sam meets South Africa’s Thanda to strengthen Africa tourism collaboration
6 hours