Finance Minister Presents Mid-Year Review Budget Statement In Parliament Today

| Updated Jul 31, 2017 at 6:51am


Ghana's Finance Minister, Ken Ofori Atta.


Ghana's Finance Minister, Ken Ofori Atta is expected in Parliament, today, Monday, July 31. to present the Mid-Year Review of the 2017 budget Statement.

The Majority Leader and Minister for Parliamentary Affairs Osei Kyei Mensah Bonsu announced this on the Floor of Parliament when he presented the Business statement for this week.

The Minister is expected to seek the approval of the House in the review of certain projections, estimates and targets as a result of the performance of the economy in the first half of the year.

Performance in the Petroleum sector, information on the various domestic bonds procured during the year, budget deficit, inflation, stabilization of the Ghana Cedis against the major trading currencies, the implementation of major policies among others are expected to feature in the Review.

It is not clear whether the finance Minister will be requesting Parliament to give him authorisation to spend additional money outside the earlier approved expenditure for the year as captured in the appropriation Act.

The lawmakers who are expected to go on recess on Wednesday will take two days to approve the Mid-Year Review.

The House has also schedule to start work on the three development authority bills which will be laid during the week.