2018 budget statement and economic policy [Full Text]

The Minister of Finance, Ken Ofori-Atta on Wednesday, November 15, 2017, presented the Akufo-Addo government’s 2018 Budget Statement and Economic Policy to Parliament.

The budget highlighted results from the government’s policy programmes over the past months,  and announced the government’s planned developmental programs for the next fiscal year.

Among the major programs to be rolled out by the government in 2018, are tax relief for private universities, tax holiday for young entrepreneurs, proposed 13% reduction in electricity tariff for residential consumers, the establishment of nation-building corps and operationalization of the special prosecutors’ office.

The budget, dubbed the ‘Adwuma Budget’  focuses mainly on revenue mobilization through strict tax collection modules and job creation.

Click here to read the full budget statement