
Audio By Carbonatix
The government has disclosed that its expenditure exceeded the total revenue generated from January to June this year, by GH¢22.3bn.
According to Finance Minister Ken Ofori-Atta, although GH¢28.3 billion was raised, an amount of GH¢50.6 billion was spent. He, however, while presenting the 2021 Mid-Year review of the Budget Statement and Economic Policy revealed that the deficit of GH¢22.3bn was financed from both foreign and domestic sources.
Tonight on PM Express, host, Evans Mensah and his panellists, former Deputy Information Minister, Felix Kwakye Ofosu and member of the Finance Committee in Parliament, Dr Stephen Amoah discussed the nitty-gritty of Ghana's fiscal deficit and what measures government can undertake to resolve the challenge.
Also, during the reading of the 2021 Mid-Year review, Mr Ofori-Atta revealed that government is ready with a comprehensive programme to create a million job opportunities for the youth in the next two and a half years.
The issue of employment for the youth in the country and how government would ensure that without worsening the public debt stock was also discussed.
Latest Stories
-
Enimil Ashon writes: Must we wait till Ken Agyapong gets angry enough?
9 minutes -
President Mahama appoints three Deputy Comptroller-Generals for GIS
10 minutes -
GHS debunks claims that insecticide-treated nets are harmful
14 minutes -
New synthetic drugs, cocaine and meth booming, warns UN
25 minutes -
Reparatory justice is about accountability, not sentiment – Asiedu Nketiah
36 minutes -
Thousands seek way out as South Africa braces for anti-immigrant protests
45 minutes -
Government urged to strengthen industry partnerships to boost TVET employability
48 minutes -
Ex-TVET Director-General raises concerns over teacher shortage, funding
51 minutes -
Telecel expands promotion of sports, culture as Otumfuo tees off 69th Open Golf Championship in Kumasi
60 minutes -
AkoFresh CEO wins $100,000 OPEC Fund Youth Entrepreneurship Award
1 hour -
Cancellation of Zoomlion contract worsens Accra flooding
1 hour -
GIADEC signs €300m MoU with Danieli to develop aluminium foil plant in Tema
1 hour -
IC Insights predicts growth rate of 6.4% for Ghana in 2025
1 hour -
Imperial General Assurance, World Vision Ghana empower girls with menstrual hygiene support
1 hour -
Bolt rewards outstanding drivers with household appliances, fuel vouchers
2 hours