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Minority’s claims on gov’t budget review ‘misleading’

March 11, 2015
Reading Time: 2 mins read
State of the Nation Address in pictures

Majority Speaker of Parliament, Alban Bagbin

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The Majority Speaker in Parliament, Alban Bagbin has described as misleading’ the minority’s claims that government will review the 2015 budget in Parliament on Thursday.

The Minority earlier stated that the Finance Minister will review an entirely new budget which MPs will be required to pass.

However speaking exclusively to Citi News, the Majority Speaker in Parliament dismissed such claims, saying the Minority had misinformed Ghanaians.

[contextly_sidebar id=”VVbMqOVgMJdsoigZxf2kjIAPcFsE4rLW”]He explained that the Minority were “misled by the last business committee report which programmed the Minister to come a do a budget review”.

“On that basis the minority picked up the issue but that is not what the Minister is coming to do,”he added.

He clarified that the Minister will just make a “statement on  the floor of Parliament,about the  implications on the 2015 budget of the fall of oil prices” as well as  “brief Ghanaians on the final performance of the 2015 budget.”

“We recall that in the 2015 budget, government used  a figure of 97 dollars per barrel and now the price fell  a few weeks ago below 50 and now it is coming back to 55, 56 so at least the good people of Ghana are entitled to know what government is doing about it,” he further explained.

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The Minority earlier alleged that  government is reviewing the budget with the view of ensuring that it is not in “variance with their negotiations with the IMF.”

However rebutting to those claims, Alan Bagbin remarked “that will not happen” since government had already made the necessary negotiations for the IMF deal.

“Government is not definitely going to look at the issue of the IMF bailout and its implications. Government is going to give a statement particularly on the state of affairs with the running of the economy with regards to the volatility of the oil prices”

–

By: Marian Efe Ansah/citifmonline.com/Ghana
Follow @EfeAnsah

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