Eyes will be on Parliament today Wednesday, November 13, 2018, as the Minister of Finance, Mr Ken Ofori-Atta, presents the Budget Statement and Economic Policy of the government for the year ending December 31, 2020.
The budget presentation is scheduled to start exactly 10:00 am on the floor of Parliament.
Members of Parliament are urged to avail themselves of the budget statement.
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The presentation of the budget statement is in accordance with Article 179 of the 1992 Constitution.
Article 179 (1) stipulates that: “The President shall cause to be prepared and laid before Parliament at least one month before the end of the financial year, estimates of the revenues and expenditures of the Government of Ghana for the following financial year.”
There have been many calls by different organizations, institutions, and other individual groups to factor their outfits in the budget to be presented.
Notable among such calls is the Minority, who has urged the Finance Ministry to ensure 2020’s policy alleviates the plight of Ghanaians.
The Trades Union Congress (TUC) has also tasked the ministry to ensure the 2020 budget reflects a robust trade policy that supports growth and presents Ghana with a unique opportunity to implement homegrown policies without the restrictions of the IMF.
The 2020 budget is expected to focus on ‘Sustaining gains made over the years’.