September 30, 2022

The Minister of Finance will present his mid-year budget on July 25

General news for Saturday July 23, 2022



Ken Ofori-Atta, Minister of Finance

The Minister of Finance is expected to present to Parliament on Monday July 25, 2022, in accordance with the Public Financial Management Act 2016, the Mid-Year Review of the Budget Statement and Economic Policy and Supplementary Government Estimates of Ghana for the financial year 2022. (Act 921).

As soon as the motion is taken on Monday, members have been scheduled for Tuesday, July 26, 2022 to begin debate on it and leaders would wrap up debate with their own observations on the motion on Wednesday, July 27, 2022, as “members are aware whenever Supplementary Estimates are presented to the House, it is done by way of a Minister’s motion seconded by the Hon. member and, as usual, the House has the opportunity to debate the motion”.

According to the activity report for the tenth week ending Thursday, July 28, 2022, it is noted that the chair and the ranking member of the finance committee – 15 minutes, the chairs of other committees 8 minutes and all other members – 5 minutes

“The Business Committee proposes that management structure the discussion along specific sectors: governance, including public safety and security, finance and the economy in general, energy and other infrastructure sectors, the social sector, local governance as well as the youth, sports, tourism and cultural sectors. This provision must allow a fluidity of the comments”.

In the meantime, due to the demands of the hour, the Business Committee has recommended that the House begin sitting each day at 10 a.m. sharp and also have extended sittings to ensure that outstanding referrals are dealt with expeditiously before that the House does not adjourn sine die.