Veep; Dr. Bawumia & Finance Minister Ken Ofori-Atta hug on floor of parliament

by: michael eli dokosi/www.blakkpepper.com/ghana  

Ghana’ finance minister; Ken Ofori-Atta on Wednesday, November 15, 2017, presented the Akufo-Addo government’s 2018 Budget Statement and Economic Policy to Parliament.

With the theme: “Putting Ghana Back to Work”, the budget highlighted results from the government’s policy programmes over the past months,  and announced the government’s planned developmental programmes for the next fiscal year.

The Akufo-Addo administration is keen to mobilize money for developmental projects through strict tax collection modules on one hand while offering tax reliefs for private universities, tax holiday for young entrepreneurs and a proposed 13% reduction in electricity tariff for residential consumers.

The government however cut big on the budgetary allocation to certain ministries. The Roads and Highways Ministry now has a budget of GHS77 million slashed from GHS444 million.

The Youth and Sports Ministries also suffered cuts; now allocated GHS33 million from GHS47 million.

Gender, Children and Social Protection, Food and Agriculture, as well as Communications ministries all suffered budgetary allocation cuts for 2018.

Meanwhile Education, Aviation, Defence, Employment and Labour Relations Ministries enjoyed increased allocations.

Main opposition party, the National Democratic Congress (NDC) members in parliament were unenthused with government’s plans for the state and the people such that while the reading was ongoing, members could be seen planning to raise posters indicating their enthusiasm with the schemes being rolled out.

Meanwhile the majority MPs were loving the finance minister’s account of events and plans for the next year beaming with smiles.

Alan Kyeremanten
Dr. Bawumia
Dr. Bawumia with Haruna

 

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Michael Eli Dokosi is a journalist and a formidable writer with a decade's experience. He is a blogger as well who currently owns and manages the news portal www.blakkpepper.com. The site is a wholesome news platform with entertainment, political, general, sports, negroid and foreign news offerings with the tagline 'More than Straight News' because of its alternate take on issues. The blakkpepper name emerged because the site is Afrocentric and hot. The Managing Editor can be reached via cell line (+233) 0249907425 & (+233) 0262907425 and via email blakkpeppergh@gmail.com for adverts, enquiries and news coverage invites.

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