Finance Minister, Ken Ofori-Atta, is expected to present before Parliament the 2023 Annual Budget Statement and Economic Policy of Government today, Thursday, November 24, 2022.
This is in accordance with Article 179 of the 1992 Constitution and section 21 of the Public Financial Management Act, 2016 (Act 921).
Ahead of the presentation, the Ministry of Finance said the budget would focus “on Government’s strategies to restore and stabilize the macro economy, build resilience, and promote inclusive growth and value creation”.
It added that the budget would feature updates on Ghana’s engagement with the IMF for an IMF-supported Programme; year-to-date macro-fiscal performance of the economy; the YouStart initiative under the Ghana CARES Programme; climate action strategies; fiscal measures and debt management strategies to ensure fiscal and debt sustainability and promote growth.
Earlier, some 98 NPP MPs in Parliament held a press conference to demand the dismissal of Ofori-Atta and threatened to boycott the presentation of the 2023 Budget if the Minister remains in office.
However, the New Patriotic Party’s executives held a meeting on Tuesday, November 22 to urge the NPP MPs to stand down on their demand to boycott the budget and the dismissal of Ofori-Atta.
According to an NPP communique signed by the Majority Chief Whip, Frank Annoh-Dompreh, and the NPP General Secretary, Justin Kodua Frimpong, the party has resolved that the President will act on the earlier demands of the MPs after the 2023 Budget has been read and appropriated.
“In the meantime, the Leadership of the Parliamentary group and the Leadership of the Party counseled the Honourable Members of the Parliamentary Party to resort to the Caucus communications channels and, to the largest extent possible, work together as one Caucus unit,” the statement read.
In view of this, the NPP MPs have rescinded their decision to be absent from the Chamber when Finance Minister, Ken Ofori-Atta presents the budget.
- Ashanti NSS boss insults nurse for suggesting a change in prescription
- That is not my style – Ashanti Regional NSS boss apologises for insulting nurses
- Petrol, diesel prices to go down by 10% – IES
- Fire destroys shops at Kantamanto market
- Government still wasteful but imposes austerity on Ghanaians – Joe Jackson
- Nurse who was verbally abused by Ashanti Region NSS Boss no longer at Manhyia Hospital – GRNMA
- ‘Mr and Mrs Adeleke’: Fans gush over photos of Chioma with Davido and her in-laws during 1st public appearance
- Fentuo Tahiru Fentuo: The day Kudus shone, in Jordan’s shadow
- Ex-Black Stars midfielder Sulley Muntari retires, age 38
- NSS summons Ashanti Region boss for investigation
- 2022 FIFA WC: “No time for revenge, qualification is key” – Andre Ayew
- Lack of support affecting mental health conditions – MindFreedom Ghana
- Who determines what is critical in this country? – TUC on public sector employment freeze
- 2023 Budget: Today’s debate to focus on Trade, Energy, Communications and Roads
- TUC has never supported government going to the IMF – Joshua Ansah
- Court remands trader for defrauding entrepreneurs
- Manifestivities concert to make big return on December 18
- South African delegation to understudy Ghana’s small-scale mining sector
- Marriages are collapsing due to high cost of living – Dr Ato Forson
- Forget Ashanti Regional NSS boss’ apology; it is hollow – GRNMA
- Equip hospitals in Africa for swift pandemic response – Prof. Christian Drosten
- Kantamanto fire: Interior Minister commiserates with affected traders
- Minority fumes over Ofori-Atta’s absence during debate on 2023 Budget
- Northern Development Forum questions delay in construction of Pwalugu Multipurpose Dam
- Playback: PM Express discuss employment freeze in public sector