Mid-year budget review presentation postponed

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The mid-year budget presentation in Parliament has been postponed, 3news.com has gathered.

The presentation by the Minister of Finance, Kenneth Ofori-Atta, was scheduled to be delivered on the floor of the House on Tuesday, July 25.

There was a haggle in Parliament last Friday over the date of presentation as government wanted it done on Thursday, July 27.

But the whole exercise, said to be in accordance with Section 28 of the Public Financial Management Act, 2016 (Act 921) and Regulation 24 of the Public Financial Management Regulations (L.I. 2378), has been adjourned to Monday, July 31.

The presentation is a review of the government’s 2023 Economic Policy and Financial Statement delivered to Parliament by Mr Ofori-Atta on Thursday, November 24.

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Meanwhile, the Governor of the Bank of Ghana, Dr. Ernest Addison, has expressed concern over the practice of individuals keeping large volumes of foreign currencies in their homes.

Speaking at the 113th Monetary Policy Committee meeting in Accra, on keeping more than one million dollars in the house by the Immediate Past Minister of Sanitation and Water Resources Madam Cecilia Dapaah, Dr. Addison said it’s a worrying development, but it is a matter in Court so there is not much to say about it. ”It is worrying, but the matter is in Court”, the Governor noted.

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