Finance minister Ken Ofori-Atta has said government will not seek approval to spend more money outside the 2022 appropriation.
According to the minister in his Mid-Year Budget Review Statement growth, revenue, and deficit targets have all been revised to respond to the economic crisis the country finds itself in.
While blaming for the umpteenth time, COVID-19 and Russia’s war in Ukraine for the woes of the economy, Ken Ofori-Atta assured free SHS will not be reviewed but rather will be strengthened.
However, the minority in its reaction described the presentation as empty accusing government of rather engaging in an illegality.
According to the NDC MPs government’s decision not to ask for more money from parliament stems from the fact that the BoG has been printing money, a development minority spokespersons on finance, Cassiel Ato Forson and Isaac Adongo warned could exacerbate the already high inflation rate.
They cautioned the BoG governor of the consequences since the move is illegal.
Addressing the media after the presentation Deputy Majority leader Alexander Afenyo-Markin in a counter-accusation claimed the Minority is personalising the country’s economic crisis by demanding the head of the finance minister Ken Ofori-Atta.
Source: Ghana/Kasapafmonline.com/102.5 Fm
