Finance Minister Ken Ofori Atta is scheduled to present the 2019 budget to parliament on Thursday, November 15, the Speaker of Parliament has announced today.
“The 2019 will be presented by the Minister of Finance on Thursday, November 15, 2018. This will be followed by the Post-Budget Workshop and the consideration of the sectoral budget estimates by the committee of the House and other related plenary activities of the budget statement and government economic policy statement 2018”, he announced during the First Sitting of the Third Meeting of the Second Session of the Seventh Parliament of the Fourth Republic.
Kasapafmonline.com understands the Budget will be heavy on programs that will prop up government’s industrialization drive and infrastructure projects in the country.
The IMF says the 2019 budget would need to address persistent revenue shortfalls and start tackling decisively the issue of exemptions.
The 2019 Budget Statement and Economy Policy is key as the IMF bail out programme will end in April 2019, from an initial deadline of April 2018, after the NPP government agreed to an extension of the program.
Meanwhile, according to the Fund, Ghana’s growth prospects remain strong, supported by robust oil and cocoa production.
