The Finance Minister, Ken Ofori-Atta, is scheduled to present the mid-year budget review to parliament on Thursday 23rd July 2020.
The budget presentation to parliament is in accordance with Section 28 of the Public Financial Management Act, 2016 (Act 921).
According to sources, the budget presentation of the statement on the review of government projections for the 2020 financial year will be backed by a request for supplementary estimates.
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Government projections for the 2020 financial year have largely been affected by the economic implications of the Coronavirus pandemic.
The Minister is also be expected to provide to Parliament a clear plan on how the government intends to pay back the GHS10 billion it borrowed from the Bank of Ghana (BoG) and the 219 million dollars transferred from the Stabilization Fund to the Contingency Fund to help deal with the impact of the Covid-19 pandemic.
