Finance Minister Ken Ofori-Atta will present the 2024 Budget Statement and Economic Policy of the Government to Parliament on Wednesday, the Ministry of Finance has said.
A statement issued by the Ministry of Finance on Tuesday (14 November) said the presentation will focus on implementation of the IMF-backed post-COVID-19 Programme of Economic Growth
” 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 Government of Ghana for the 2024 Financial Year, on Wednesday, 15th November, 2023.
“This Budget is crucial because it is developed to support the implementation of the IMF-backed Post-COVID-19 Programme of Economic Growth (PC-PEG). It comes just after the successful First Review of the 3-year US$3 billion IMF-ECF Programme.”
“It will also highlight, among others, the performance of the economy, efforts to boost the productive capacity of the economy through the new growth strategy, fiscal measures, and debt management strategies to deepen stability and promote growth,” the statement said.
The budget presentation will be done in accordance with Article 179(1) of the Constitution.
Below is the full statement:
Reporting by Fred Dzakpata in Accra
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