Today, December 7, 2023, Parliament is anticipated to undertake a headcount vote regarding the approval of the 2024 budget. The Speaker of Parliament, Alban Bagbin, initially called for a voice vote in favor of the Majority following the conclusion of debates on Wednesday, November 29. However, this decision faced opposition …
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During the resumption of proceedings to finalize the vote on the approval of the 2024 Budget Statement and Economic Policy, tensions escalated in Parliament as only three members from the majority side were present in the House. Majority Leader Osei Kyei-Mensa-Bonsu, Majority Chief Whip Frank Annoh Dompreh, and Deputy Chief …
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In a tumultuous session within Parliament today, the Majority Members of Parliament staged a walkout during the critical processes to ratify the 2024 budget, causing abrupt closure of proceedings. The heated debate surrounding the government’s 2024 Fiscal and Financial Policy Statement ended as both minority and minority leaders concluded their …
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In an unprecedented move aimed at boosting the country’s sustainable transportation and promoting affordable menstrual hygiene, Finance Minister Ken Ofori-Atta unveiled a series of tax waivers during the presentation of the 2024 Budget and Economic Statement to Parliament. The government has decided to eliminate import duties on Electric Vehicles (EVs) …
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During the presentation of the 2024 budget to Parliament, Ghana’s Minister of Finance, Ken Ofori-Atta, acknowledged the severe economic impact that unfolded in 2020. He highlighted a substantial decline in GDP growth, plummeting from 6.5 percent in 2019 to a mere 0.5 percent due to the harsh effects of lockdowns, …
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In a compelling move to address the aftermath of the recent Akosombo Dam spillage, Ghana’s Finance Minister, Ken Ofori-Atta, unveiled a comprehensive plan during the presentation of the 2024 budget to Parliament. A staggering GH¢220 million has been earmarked to support relief efforts, specifically targeting the affected communities and mitigating …
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Economist Dr. Patrick Assuming emphasized the necessity for the 2024 budget to concentrate on enhancing tax compliance instead of introducing fresh taxes. Ahead of the impending presentation of the government’s 2024 Annual Budget Statement and Economic Policy by Finance Minister Ken Ofori-Atta to Parliament on November 15, 2023, there have …
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Finance Minister Ken Ofori-Atta is set to unveil the 2024 Annual Budget Statement and Economic Policy in Parliament on Wednesday, November 15, 2023. Leading up to this event, there have been demands for the government to significantly curtail its spending in order to address the struggling economy. Kenneth Thompson, the …
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