Tag Archives: 2018 budget

NPP’s ‘Azonto budget’ only to deceive Ghanaians – Ayariga

Hassan Ayariga

The founder and leader of the All Progressive Party (APC), Hassan Ayariga, has described the New Patriotic Party (NPP) government’s 2018 budget as an ‘Azonto budget’, because in his view, it is bereft of cogent measures to address the pertinent challenges Ghana faces. According to him, the budget is only stuffed with unrealistic promises meant to tickle Ghanaians. Likening the ...

Read More »

Parliament begins 2018 budget debate on Tuesday

Parliament is expected to start debating the 2018 budget statement on Tuesday, November 21,  after the Minister of Finance, Ken Ofori-Atta presented the document to the House last Wednesday. The Speaker of Parliament, Prof Mike Oquaye, has thus urged parliamentarians to gear up for a dispassionate debate of the budget. According to the Speaker, a high level debate on the ...

Read More »

National Development Bank launch needless- Financial observer

Some financial observers have advised government to reconsider the decision to launch a National Development bank next year. According to them, the move will be a duplication since government already controls majority shares in some banks that have a focus on the intended reason for setting up the national development bank. The Finance Minister Ken Ofori Atta during the 2018 ...

Read More »

Budgetary allocation for Free SHS ‘woefully inadequate’ – Ablakwa

National Democratic Congress (NDC) Member of Parliament for the North Tongu Constituency, Samuel Okudzeto Ablakwa, has described the government’s budgetary allocation for Free SHS as woefully inadequate to support the programme. According to him, government would need at least two billion cedis to support Free SHS in 2018, 800 million cedis more than the amount that was allocated to it ...

Read More »

How 2018 budgetary allocation to ministries were slashed [Infographic]

The 2018 budget as presented by the Finance Minister, Ken Ofori Atta before Parliament on Wednesday, 15th November, 2017, indicated a significant cut in budgetary allocation to some Ministries compared to what was allocated them in the 2017 budget. The Roads and Highways ministry had its budget slashed by at least 80% from GHS444 million to GHS77 million. The Youth ...

Read More »

Sports Ministry’s 2018 budget cut by 30%

Following Wednesday’s reading of the 2018 Budget and Financial Statement by the Finance Minister, Ken Ofori-Atta, it has emerged that the budgetary allocation for the Ministry of Youth and Sports for the 2018 year has been cut by 30%. In 2017, the Ministry was given a budget of GHS 46, 910, 275 for its activities. The money was to be ...

Read More »

Free SHS: Gov’t to set up voluntary education support fund

Government is in the process of setting up a fund to receive voluntary contributions from individuals to support the implementation of its flagship Free Senior High School programme, and the education sector as a whole. This was disclosed by the Minister of Finance, Ken Ofori-Atta, when he presented the 2018 budget statement to Parliament on Wednesday. Ghana’s education sector has ...

Read More »

NPP’s ‘Special Economic Transformation Program’ to kick off in 2018

The government has announced a special initiative called the “Akufo-Addo Program for Economic Transformation (AAPET)”, as a major intervention for job creation, infrastructure development and accelerated investment in Agriculture. AAPET will envelope two already-existing special initiatives being implemented by the Akufo-Addo administration; the Planting for Food and Jobs and One-District-One Factory. The Finance Minister, Ken Ofori Atta, delivering the budget statement in Parliament, explained ...

Read More »

Special Prosecutor office to sue after AG’s review of agreements

The office of the Special Prosecutor when operational in 2018, will be expected to ensure at least 75 conviction of all cases referred to it by the police, after a review of all agreements by MMDAs to be carried out by the Attorney General’s Department. During the 2018 budget reading, coming a day after the passage of the Office of ...

Read More »

Our efforts ended ‘dumsor’ – Oppong Nkrumah insists

A Deputy Minister of Information has suggested that despite the investments made by the Mahama administration into the power sector, it was ultimately the efforts of the New Patriotic Party (NPP), that ensured the end to the frequent power outages, christened ‘dumsor.’ The Finance Minister, Ken Ofori-Atta, stated that the government had promised to end ‘dumsor’ and had delivered, while ...

Read More »