GhanaHeadlineNewsOil & Gas/Mining

Budget 2023: Fuel allocation to political appointees reduced by 50%, says Ofori-Atta

Presenting the 2023 Budget and Economic Statement in Parliament on Thursday (24 November), Ofori-Atta said the directive will take effect from January 2023

The government has directed all ministries, departments and agencies (MDAs), metropolitan, municipal and district assemblies (MMDAs) and state-owned enterprises (SOEs) to reduce the fuel allocation to political appointees by 50%, Finance Minister Ken Ofori-Atta has said.

The move is expected to reduce government expenditure on fuel consumption considerably.

Presenting the 2023 Budget and Economic Statement in Parliament on Thursday (24 November 2022), Ofori-Atta said the directive will take effect from January 2023.

“All MDAs, MMDAs and SOEs are directed to reduce fuel allocations to political appointees and heads of MDAs, MMDAs and SOEs by 50%. This directive applies to all methods of fuel allocation, including coupons, electronic cards, chit system and fuel depots,” the Finance Minister said.

“Accordingly, 50% of the previous year’s (2022) budget allocation for fuel shall be earmarked for official business pertaining to MDAs, MMDAs and SOEs.”

He also announced “a ban on the use of V8s/V6s or equivalent except for cross-country travel. All government vehicles will be registered with GV green number plates from January 2023.”

There will also be “limited budgetary allocation for the purchase of vehicles. For the avoidance of doubt, purchase of new vehicles shall be restricted to locally assembled vehicles,” the minister said.

The 2023 Budget focused on strategies the government intends to use to restore and stabilise the macroeconomy, build resilience, and promote inclusive growth and value addition.

 

Watch the full proceedings here:

Fred Dzakpata

Asaase Radio 99.5 broadcasts on radio via 99.5 in Accra, 98.5 in Kumasi, 99.7 in Tamale, 100.3 in Cape Coast and on our affiliates Bawku FM 101.5 in Bawku, Beats FM 99.9 in Bimbilla, Somua FM 89.9 in Gushegu, Stone City 90.7 in Ho, Mining City 89.5 in Tarkwa and Wale FM 106.9 in Walewale
Tune in or log on to broadcasts 
online: www.asaaseradio.com, Sound Garden and TuneIn
Follow us on Twitter: @asaaseradio995
Live streaming: facebook.com/asaaseradio99.5. Also on YouTube: Asaase Radio Official.
Join the conversation. Call: 020 000 9951 or 059 415 7777. Or WhatsApp: 020 000 0995.

#AsaaseRadio

Show More

Related Articles

Back to top button

Adblock Detected

ALLOW OUR ADS