
Audio By Carbonatix
Parliament is today, November 26 2007, expected to commence debate on the 2008 Budget Estimates and Economic Policy of tile government recently presented before the House by the Minister of Finance and Economic Planning Kwadwo Baah-Wiredu.This is taking place after the leadership of the house, committee chairpersons, ranking members and some selected staff of the Parliamentary Service had been taking through a three-day post budget workshop to enable members make meaningful contributions on the budget when the debate begins.The debate which is expected to be interesting will enable both the majority and minority sides of the house assess the content of the budget and discuss how realistic it is before giving it the necessary approval.The Minority group, led by Kingsford Alban Sumanu Bagbin, will be strongly arguing about a number of issues. Among them is the allocation of GH¢25 million for the Northern Development Investment Fund which they claim is a peanut considering the amount of money "government is wasting on the building of a presidential palace." The government has,on separate platforms maintained that the GH¢25 million is seed money for future government.
The proposed tax on mobile phones by per airtime is also expected to be debated, especially in the wake of agitations from the network operators who are alleged to have expressed their dissatisfaction and have petitioned Parliament on the issue.The Minority group will also be raising the issue of Gross Domestic Product (GDP) targeted at 7 percent in the budget in view of the fact that government could not achieve its GDP of 6.5 percent in 2007.
The Minority group will be arguing on this basis that government cannot achieve the 2008 target.The Majority group, led by the Majority leader and Minister for Parliamentary Affairs, Abraham Ossei Aidooh, will on the other hand, seek to defend the "brighter future" tag place on the budget with arguments based on the discovery of oil in the country, the commencement of the Bui Dam and the acclaimed stable economy.In his explanatory memorandum on the business statement for the sixth week ending of the third meeting of the Second Session of the Fourth Parliament of the Fourth Republic of Ghana, Aidooh indicated that in view of the debate the house will have extended sittings for the week including Mondays.Source: Busienessweek
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
-
Discussions on petroleum taxes review ongoing with Finance Minister – Jinapor
5 minutes -
BMW Club Ghana partners National Road Safety Commission for “Stay Alive” Easter road safety campaign
11 minutes -
Health Ministry launches World Health Day 2026, urges science-based action
25 minutes -
MMFL anchors MTN Group’s fintech push in Ghana
34 minutes -
Ghana’s economy shows recovery signs, but risks persist – S&P maintains stable outlook
51 minutes -
SWAG commemorates its 8th anniversary with a public lecture
53 minutes -
Ibrahim Mahama claims Police Commander failed to stop alleged assault
56 minutes -
Damang lease award to E&P followed due process — Minerals Commission
1 hour -
Today’s Front pages: Wednesday, April 8, 2026
1 hour -
Julian Opuni reaffirms Fidelity Bank support for industry-led skills training at DTI Berekuso campus
1 hour -
CAF President arrives in Dakar to meet Senegalese President, football authorities over AFCON title saga
1 hour -
Pastor arrested over viral threats against Vice-President
1 hour -
2026 Success Africa Summit: MTN’s Adwoa Wiafe challenges youth to act with purpose, not just pursue titles
1 hour -
Nurse laureate launches Cancer Care Africa Foundation to tackle late diagnosis, workforce gaps
2 hours -
Ghana to lose GH¢18.15bn in revenue by 2027 from abolishing Covid levy, E-levy – CPS study
3 hours