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Live Updates: Finance Minister presents 2015 budget statement

November 19, 2014
Reading Time: 9 mins read
2015 budget statement was a ruse
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We are committed to ensuring a better Ghana – @SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

We need all Ghanaians to come on board to make this budget work – @SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

2015 budget will stabilize the economy through measures we have employed, and strengthen institutions – @SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

Ghana Industrial Bank to be established too, to support local industries – @SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

The new Ghana EXIM Bank will focus on expanding non-traditional export from $2.3 billion to $5 billion – @SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

Ghana Export-Import Bank to be created to lead in the strategic positioning of Ghana as an export-led economy – @SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

Ghana infrastructure fund begins full operations in 2015 to support infrastructural development – @SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

Government to remove taxes on smart phones imported in 2015 – @SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

Government to remove taxes on machete and cutlasses – @SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

Removal of VAT on some locally produced pharmaceutical products and some of the raw materials used to produce them- @SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

The Western corridor gas infrastructure project successfully tied in to the FPSO – @SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

Ministries and agencies will apply for their budget through electronic means only in 2015 – @SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

Ministries and agencies cannot award contracts beyond their limit when GIFMIS is fully implemented – @SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

1st Phase of GIFMIS project completed on schedule,when deployed,system of budgeting and accounting will benefit Ghana-@SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

Sanctioning and possible prosecution of persons indicted in Auditor General’s report will begin – @SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

Anti-corruption action plan especially on payroll fraud will fully begin in 2015 – @SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

More photos from Parliament. #BudgetGH pic.twitter.com/biz4lZ45p8

— 97.3 Citi FM (@Citi973) November 19, 2014

We will address energy issues holistically – @SethTerkper #BudgetGH pic.twitter.com/AKplLailsb

— 97.3 Citi FM (@Citi973) November 19, 2014

High wage bill has led to delays in paying contractors, pensions –@SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

Funding is ready to build 123 new Senior High Schools out of the 200 promised – @SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

Free Progressive Education to start in January 2015 – @SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

See the reaction of the Minority in Parliament as @SethTerkper presents the 2015 budget. #BudgetGH pic.twitter.com/rB3Oj6BPQz

— 97.3 Citi FM (@Citi973) November 19, 2014

Budget deficit expected to be reduced to about 3.5% by 2017 – @SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

GDP growth without contribution from oil for 2015 will be 4,4% – @SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

Medium term prospects for 2015 – GDP growth with contribution from oil will be 6.8% – @SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

Some of the loans contracted were used to finance major infrastructure projects – @SethTerkper. Minority shout in disagreeent. #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

Ghana’s public debt has been rising over the years. As at September 2014 total debt hit GHc69.7 billion — 97.3 Citi FM (@Citi973) November 19, 2014

We will continue with the net freeze on employment – @SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

It is necessary for us to observe budgetary constraints in the wage bill – @SethTerkper #BudgetGH — 97.3 Citi FM (@Citi973) November 19, 2014

Rising inflation reflects sharp depreciation of Cedi – @SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

Non-oil projected growth will be around 4.4% –@SethTerkper #BudgetGH — 97.3 Citi FM (@Citi973) November 19, 2014

Measures are being put in place to reduce our[Ghana] vulnerability to the global economic shocks – @SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

Minority still heckling Finance Minister @SethTerkper.Placards show “Reduce Fuel Prices Now” “Dumsor Dumsor Must End,”among others.#BudgetGH — 97.3 Citi FM (@Citi973) November 19, 2014

Economic growth has remained robust compared to other African countries – @SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

We are not yet out of the woods.An IMF programme will dovetail into our plan for bright medium to long term prospects-@SethTerkper #BudgetGH — 97.3 Citi FM (@Citi973) November 19, 2014

GNPC loan is not a government loan, @SethTerkper insists. #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

Gas project has started, oil production on a number of oil fields will boost the economy – @SethTerkper. #BudgetGH — 97.3 Citi FM (@Citi973) November 19, 2014

Economy grew even during the period the economy was having challenges – @SethTerkper. #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

Minority in Parliament begins heckling @SethTerkper. Displaying placards over cocoa cash. #BudgetGH — 97.3 Citi FM (@Citi973) November 19, 2014

Slump in petroleum prices on the world market has helped automatic adjustment formula – @SethTerkper #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

Energy crisis hit economy hard. #BudgetGH — 97.3 Citi FM (@Citi973) November 19, 2014

Ghana Cedi has started showing signs of recovery. #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

Fall in gold and cocoa prices has had effect on economy, requires extra efforts from our cocoa farmers. #BudgetGH — 97.3 Citi FM (@Citi973) November 19, 2014

Finance Minister Seth Terkper has just started addressing Parliament. #BudgetGH

— 97.3 Citi FM (@Citi973) November 19, 2014

 

Finance Minister, Seth Terkper, is currently presenting the 2015 budget statement to parliament. Follow the Finance Minister’s presentation live here.

By: citifmonline.com/Ghana

Tags: Foresight Medical CenterPalaver NewspaperSt Augustine's College
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