On Wednesday, November 15, 2023, the 2-24 Budget Statement and Economic Policy are expected to be presented in parliament by Finance Minister Ken Ofori-Atta.
The finance minister is required by the constitution to submit the annual budget on behalf of the president in order to reaffirm the government’s commitment to fiscal prudence and openness.
“In accordance with Article 179 of the 1992 Constitution and Section 21 of the Public Financial Management Act, 2016 (Act 921), the Minister for Finance will, on behalf of the President, lay before Parliament the Budget Statement and Economic Policy of the Government of Ghana for the 2024 Financial Year on Wednesday, November 15, 2023,’’ a statement by the ministry noted.
Meanwhile, in an interview with GhanaWeb TV, the Member of Parliament for Yapei-Kusawgu, John Jinapor, indicated that the budget yet to be presented by the finance minister is going to further impoverish Ghanaians.
But Yapei-Kusawgu Member of Parliament John Jinapor stated in an interview with GhanaWeb TV that 1Family Radio monitored that the finance minister’s unpresented budget will further burden Ghanaians.
“The expectations are already known; the finance minister himself has told us that he is coming to increase existing taxes. He said they are coming to take away some of the measures that were put in place to cushion Ghanaians in terms of exemption,’’ he said.
“The Finance Minister met with the Finance Committee yesterday, and he said that he is seeking to raise GH¢11 billion. This means that he is going to raise the money from people’s pockets. The living conditions are going to get difficult, the hardship is going to continue, and the inflation is going to go up, among others,’’ Jinapor alleged.