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Finance Minister seeks additional GHc 6 Billon from parliament

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The Minister of Finance Ken Ofori Atta has asked Parliament to approve more than Six (6) billion as supplementary estimates to the original appropriation of GH¢78,771,833,602.82 to finance it projects for year 2019.

Presenting the Mid-Year review of the 2019 Budget Statement and Financial Statement, Mr. Ofori Atta, stated that Government wants “This House consider and approve an amount of GH¢6,370,355,925.82 as supplementary estimates to the original appropriation of GH¢78,771,833,602.82 to bring the revised total appropriation to GH¢85,142,189,527.94”.

According to him, their plans and programs, as outlined in the 2019 budget, are deliberately designed to build a stronger and better connected country where no community will be left out in their push for sustainable progress in the fastest track possible, “We have restored the economy, even more manifestly, we have restored the integrity of the Ghanaian economy.

Just like we did over a decade ago.  In the words of the latest IMF report, “Ghana’s economy is on the mend.” We are no longer in the IMF programme that the previous Government surrendered to in 2015, not even four years after Ghana became an oil-rich economy”.

He noted that, “we will continue to tackle the challenges with boldness, and with the Good Lord on our side, we remain optimistic, assured, and rooted in our resolve to maintain economic stability. We will pursue the initiatives and programmes of the Nana Akufo-Addo-led government, which are steadily transforming our Nation and creating jobs and shared prosperity for all Ghanaians”.

“But, the future is positive. We have discovered oil, just like we did 12 years ago. Except then, we discovered oil at the tail end of the NPP’s second consecutive term in office. This is only the first term”. He assured.

By Edzorna Francis Mensah

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