The Finance Minister, Mr. Ken Ofori Atta will present Expenditure in Advance of Appropriation that is for January 1, 2021, to March 31, 2021 today in Parliament House.
The House is also expected to consider the report by the Finance Committee and take the consequential parliamentary actions.
The budget is normally presented in November but given the presidential and parliamentary election on Dec. 7 it will instead be tabled by next March.
In October 2016, Ghana’s parliament approved state spending of almost 11 billion cedis ($2.75 billion) through the first quarter of 2017 in advance of an annual budget to be delivered after elections in December.
A bill of 3.9 billion cedis for civil service salaries constituted the largest slice of the $2.75 billion total, according to the document.
Ghana is one of Africa’s most stable democracies and former President John Mahama faces a tough re-election incumbent, Nana Akufo-Addo.
Source: Mybrytfmonline/Kofi Atakora
