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Finance Minister Presents Budget Today

Written by  Nov 13, 2015
The Minister of Finance, Hon. Seth Terkper will on behalf of His Excellency the President, present the 2016 Budget Statement and Economic Policy to Parliament today. The Budget is expected to focus on accelerating and sustaining growth to maintain confidence in the Ghanaian economy and outline policies to bring down the deficit. It will also detail the achievements for the year 2015 and government’s policy objectives and financial estimates for the medium term. The budget to be presented will be the full year Budget Statement and Economic Policy for 2016. The budget is also expected to focus on the energy sector considering that government has secured the World Bank's Partial risk Guarantee (PRG) to support investment in the Sankofa Gas Fields. Officials say private investors are in the market to raise the necessary funds for the project. Meanwhile President Mahama has assured Ghanaians of fiscal discipline in 2016 since it is an electioneering year. However, the minority side in parliament have raised serious concerns over government's expenditure and fiscal indiscipline.  
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