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
-
Netflix drops bid for Warner Bros, clearing way for Paramount takeover
54 minutes -
Hillary Clinton tells House panel she ‘had no idea’ of Epstein’s crimes
1 hour -
‘If I had to do it again, I would’ – Sophia Akuffo defends bold DDEP picket decision
1 hour -
Italy arrests Burundi man over 2014 murders of three Catholic nuns
3 hours -
‘We should be doing more’ – Former CJ Sophia Akuffo challenges think tanks to step up
3 hours -
Singer D4vd confirmed as ‘target’ of investigation into murder of teen
4 hours -
Police vow crackdown as court bans ‘Stop Galamsey’ protest on SONA day
4 hours -
US aims to bring in 4,500 white South Africans per month as refugees, document says
4 hours -
A new chapter begins: MotoGP roars into 2026
4 hours -
Netflix declines to raise offer for Warner Bros
4 hours -
Chamber of chaos: Chicago braces for a WrestleMania-defining night
4 hours -
Russia and Ukraine exchange more than 1,000 soldiers’ bodies
4 hours -
First writing may be 40,000 years earlier than thought
5 hours -
Daniel Etim Effiong says rustication from school led him to acting breakthrough
5 hours -
Real Madrid condemn fan for alleged Nazi salute
5 hours
