Audio By Carbonatix
Minority Leader Haruna Iddrisu has described the Mid-year Budget review as more of a political pledge.
He believes, the Finance Minister’s review of the country’s mid-year but was not principled enough.
The former Employment Minister told KojoYankson on Joy FM's Super Morning Show Friday, that Ken Ofori-Atta failed to give a proper account of some monies.
“He came more as a manifesto pledge into the 2020 elections than a mid-year budget review of the budget in my view and I don’t find that principled enough.
"You are speaking to Parliament so, in all these instances, there should be accompanying detailed expenditure,” he stated
Mr Iddrisu indicated that the legality of the borrowing of some ¢10 million for the Bank of Ghana’s asset purchase program is questionable.
These comments were part of his reaction to the mid-year budget review presented to Parliament Thursday, July 24.
He stated that the Public Financial Management Act and the constitution require that Governor of the bank must refer to article 181 of the constitution when they intend to borrow.
“What he did was to come to Parliament and make a statement that he had determined with thee Controller Accountant general and another BOG official to borrow ¢10 billion.
"He came to present a statement and walk away. We raised procedural issues but we were ignored,” he said.
Latest Stories
-
Photos: Hundreds turn out for Joy FM’s 2025 family party in the park
31 minutes -
Volta Regional House of Chiefs renew call on Immigration to remove inland barriers at Sogakope, Asikuma
40 minutes -
Police Christmas special operation: 27 suspects rounded up in Savannah Region
51 minutes -
Seven hospitalised after gunshots disrupt jummah prayers in Ho
1 hour -
70 mothers receive Christmas hampers from MTN after delivering at KATH
1 hour -
Let’s prove our readiness power through deeds, not words – Afenyo-Markin to NPP faithful
1 hour -
Stonebwoy brings the house down at BHIM Festival 2025
1 hour -
Development flourishes where peace and cooperation prevail – Roads Minister
2 hours -
Children enjoy a day of fun and laughter at Joy FM’s Party in the Park 2025
2 hours -
Joy FM Party in the Park 2025: Shakers Royal Band ignites excitement
2 hours -
MTN Ghana hands over hampers to 25 newly born ‘bronya’ babies at Cape Coast Hospital
2 hours -
Kwanpa Band thrills patrons as Joy FM Family Party in the Park
3 hours -
Lawyer arraigned over alleged GH¢800k excavator fraud
3 hours -
U.S. Commerce flags Ghana’s new mining policy, port delays affecting American firms
3 hours -
This Saturday on Newsfile: Constitution review report and AG’s ORAL drive
3 hours
