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Tag Archives: 2018 budget

#Ghbudget: Ghanaians demand fuel price reduction, jobs

Ahead of today’s [Wednesday] reading of the 2018 budget and economic policy statement by the Finance Minister, Ken Ofori Atta in Parliament, some Ghanaians have been speaking about their expectations, and how they expect it to influence their lives. Some Ghanaians who spoke on Eyewitness News on Tuesday, were hopeful for among other things, a drop in a number of ...

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2018 budget today; more jobs, tax reforms

Finance Minister Mr. Ken Ofori Atta will today [Wednesday], November 15, 2017, present the 2018 budget to lawmakers. The budget will be second the for the Akufo-Addo administration since it took over the administration of the country in January 2016. The budget is expected to focus on about 10 key areas including infrastructure, macroeconomic stability, job creation, agriculture, entrepreneurship, business ...

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Ofori Atta will present ‘ahokyerɛ’ budget – Minority MPs

Ahead of the presentation of the government’s budget for 2018 today (Wednesday), some Minority Members of Parliament (MPs), have expressed pessimism about the economy-strengthening prospects of the policy statement. The MP for Tamale Central, Inusah Fuseini, described the upcoming budget as an ‘ahokyerɛ’ budget which translates as ‘suffering or hardship’ budget, suggesting that it would not address the employment or ...

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#Ghbudget: Be moderate in your expectations – Bopkin to Ghanaians

An Economist and Head of Finance at the University of Ghana Business School, Prof. Godfred Bokpin,has asked Ghanaians to be moderate in their expectations of the 2018 budget and policy statement. Explaining his position on Eyewitness News, Professor Bokpin explained that, though the 2018 budget may appear promising than the previous one, it will still take some time for Ghanaians ...

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2018 budget: What will it offer? [Article]

Tomorrow, Wednesday, November 15, Finance Minister, Ken Ofori-Atta will present the annual second budget to be drawn up by the incumbent President Nana Akufo-Addo administration to Parliament. Since assuming office at the beginning of this year, the incumbent government has strived to achieve a balance between its avowed commitment to supply side, expansionary economic policy aimed at accelerating growth and ...

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IES wants comprehensive review of petroleum levies in 2018 budget

Ahead of the presentation of the budget and policy statement for 2018 on Wednesday, November 15, the Institute of Energy Security (IES), has reiterated its call for a comprehensive review of the taxes and levies on petroleum products. According to the think tank, despite assurances that the numerous taxes imposed by the previous administration which the New Patriotic Party (NPP) ...

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Ghanaians may witness 1983 hardship in 2018 – Minority

The Minority in Parliament has said Ghanaians may experience severe hardship in 2018 akin to that which occurred in 1983, if government continues with the current path it has taken in its management of the economy. Speaking at a round-table discussion to assess the economy ahead of the 2017 budget statement to be delivered on Wednesday, Minority Spokesperson on Finance, ...

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Ghana may return to HIPC by 2019 – Minority cautions

The Minority in Parliament has chastised government’s management of the economy citing the country’s rising public debt stock as a situation that can take Ghana back to HIPC [heavily indebted poor countries] by the end of 2019. They also warned that Ghanaians will experience “severe hardship” equivalent to the 1983 experience. According to the Minority Spokesperson on Finance, Cassiel Ato Forson, ...

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Ofori-Atta to deliver 2018 budget on Wednesday

The Minister for Finance, Ken Ofori Atta, is expected to deliver the 2018 budget statement and fiscal policy next week. This was made known by the Majority Leader and Minister of Parliamentary Affairs, Osei Kyei Mensah Bonsu. Presenting the business order for the week, the Suame legislator said the budget will be presented to the house on Wednesday, November 15th, 2017. ...

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