Budget review: Finance Minister wants ¢6.3bn more to spend in 6 months

kwahuonlineradio July 29, 2019 0
Budget review: Finance Minister wants ¢6.3bn more to spend in 6 months

Finance
Minister Ken Ofori Atta is seeking approval to spend some ¢6.3
billion in its Supplementary Budget for the remaining months of the
fiscal year.

This
was contained in the order paper for Monday’s proceedings in parliament
as the Minister presents the Mid-year Review as well as Supplementary
Budget. 

This could mean that government’s expenditure limit for 2019 would be peg at ¢85 billion for 2019.  Based on the 2019 appropriation bill, the Finance Minister was given the approval to spend some ¢78.7 billion

The
Deputy Finance Minister Kweku Kwarteng has already disclosed to
JoyBusiness that the Minister would announce some new tax measures.

These are part of measures to help improve governments revenue for development  and helping improve the livelihood of Ghanaians



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