Finance Minister Ken Ofori Atta has said that he didn’t come to ask for more taxes from the House but rather came to update the House on the performance of the economy during the first half of the year.
Delivery of the mid-year budget statement on Thursday, July 29 Mr. Ofori Atta made this assertion.
“I have not come here today to ask for more money, I have not come to ask for more taxes, I have come to update the house on the performance of the economy for the first half of the year,” he said amidst claps from members of Parliament.
In updating the House on the economy, Mr. Ofori Atta explained that cumulatively, from the beginning of the year to date the exchange rate has depreciated by 0.6 percent against the US dollar and appreciating by 3.6 percent against the Euro.
“For the first time in the fourth republic, the exchange rate did not see a spike after an election year.
“Cumulatively, from the beginning of the year to date the exchange rate has depreciated by 0.6 percent against the US dollars and appreciating by 3.6% against the Euro, he emphasized.
Source: Mybrytfmonline/Joseph Asare
