Want to know why the 2020 Budget Statement And Economic Policy is both unique and critical in various ways?
According to the Finance Minister Ken Ofori-Atta, these points below make the 2020 Budget Statement critical:
- It is an election year budget.
- It is the first since 2015, to be done without and the International Monetary Fund (IMF) programme because of the completion of the derailed IMF programme in April 2018.
- It is the first election year budget to be prepared under the Fiscal Responsibility Act (2018), which places a 5 per cent cap on fiscal deficit in any given year