The budget statement and economic policy of the government of ghana for the financial year. Finance minister, ken oforiatta has presented the 2017 budget statement in parliament. The minister of finance and economic planning the minister presented the 2018 budget statement and economic policy the budget for the government of ghana to parliament on 15 november 2017. Securing the bright medium term prospects of the economy. Budget statement 2015 3 empowering our people through sustained economic growth and prosperity contents 1. Putting ghana to work macroeconomic perfor mance for 2017 overall real gdp as of june 7. The budget was presented at a time the world economy was recovering from the food, energy and financial crises that had engulfed the globe in 20072008. Click to read the full budget statement and economic policy of the government of ghana for the 2020 financial year as presented to parliament on wednesday, th november 2019 by finance minister. Ken oforiatta presented the 2017 budget statement and economic policy of the government of ghana the budget to parliament. Budget is an admission that, as currently structured, the national budget will fail to adequately deliver on the governments better ghana agenda, if it is business as usual. Ministry of finance public relations office new building, ground floor, room 001 and 003 p. Highlights of 2016 budget statement ghana business news. Ghana government budget 20042018 data 20192020 forecast. Allocations to relevant nutritionsensitive sectors are very low mar 03, 2017 finance minister, ken oforiatta has presented the 2017 budget statement in parliament.
Ghana recorded a government budget deficit equal to 3. The budget highlights of the budget statement and economic policy of the government of ghana for the 2016 financial year presented to parliament on friday, th november 2015 by seth e. Below are some of the highlights read full text here 2017 budget statement full text credit. Ministry of finance public relations office new building, ground floor, room 001003 p. The theme of the budget is from stabilisation to growth, putting ghana back to work. The budget statement and economic policy ghana news.
Economic context and performance 5 mediumterm outlook 6 ease of doing business 7 double tax agreements 7 bankruptcy and insolvency legislation 7 public offering programme 7 3. Budget statement and economic policy of the government of ghana for the financial year. Public relations office new building ground floor room 002 or 004 p. Budget statement and economic policy and supplementary estimates of the government of ghana for the 2014 financial year presented to parliament on wednesday, 16th july, 2014. To purchase copies of the statement, please contact the public relations office of the ministry ministry of finance public relations office new building, ground floor, room 001 and 003 p. Box mb 40 accra ghana the 2017 budget statement and economic policy of the government of ghana is also available on the internet at. Statement is set within the context of ghana beyond aid and the 2030 sustainable. He said, among other things in his address that government is ready to fix the economy. Key highlight of the 2018 budget statement and economic policy. Nov 15, 2017 general news of wednesday, 15 november 2017.
The budget statement and economic policy of the government of. Preamble ghanas minister for finance, ken oforiatta, presented the 2017 budget statement and economic policy to parliament on thursday, 2 march, 2017. This is in accordance with article 179 of the 1992 constitution. Ghana government budget value 20122019 data 20202022. The budget statement and economic policy of the government. Pwc 2018 budget highlights 2 i n a bid to consolidate the ghanaian economys path to macroeconomic stability and to boost the productive sectors of the economy, the 2018 budget statement the budget of government of ghana has the theme from stabilisation to growth. On the back of previous years budget which emphasized improvement in production and revenue generation, the 2018 budget has been themed putting ghana back to work. Among the highlights of the 2017 budget, were the withdrawal of the 1 percent special import. This page provides ghana government budget actual values, historical data, forecast, chart.
More information is gradually being made available. In the brief, the ifs highlighted the need for the government to seek. Ghana issues 2017 budget statement and economic policy. The government of ghana by article 179 11992 constitution is required to submit its budget and economic policy to parliament prior to the spending year. However, the proportion of the national budget that goes to direct nutrition interventions is not evident in the budget. Interested parties are being given access to additional data. We are focused on improving the wellbeing of ghanaians by honouring the pledges made to the good people of ghana in the 2012 manifesto of. John dramani mahama president of the republic of ghana republic of ghana. Key highlights of 2018 budget statement and economic policy.
In 2016, economic policy management in trinidad and tobago was negatively impacted by the lacklustre performance of the global economy and in particular. The annual budget statement has become more informative and efforts are made to distribute this nationwide. The budget must leave room for infrastructure development. News ghana is ghana s leading online news portal for business in west africa and around the world. Partneringwofagric 2019 set to reverse the unsung hero8th annual preharvest conference and.
The theme for the budget was transformational agenda. Ken oforiatta, presented the 2019 budget statement and economic policy to parliament on thursday 15 november, 2018. Assessment of the mtef in ghana john short reprim, uk overseas development institute london may 2003 this study forms part of a multicountry study assessing the design and application of the mediumterm expenditure framework mtef as a tool for poverty reduction in selected african countries. The files can also be accessed and downloaded from the widget. Preamble ghana s minister for finance, ken oforiatta, presented the 2017 budget statement and economic policy to parliament on thursday, 2 march, 2017. Allocations to relevant nutritionsensitive sectors are very low pdf generated. Ghana presents 2020 budget statement and economic policy ey. Ghana s minister of finance, ken oforiatta, presented the 2018 budget statement and economic policy to parliament on wednesday, 15 november 2017. Nov, 2015 the overall budget balance on cash basis registered a deficit of gh. Ghanas minister of finance, ken oforiatta, presented the 2018 budget statement and economic policy to parliament on wednesday, 15 november 2017. The theme of the budget is from stabilisation to growth, putting ghana back to. The 2018 budget themed putting ghana back to work is informed by president akufoaddos coordinated programme for economic and social development policies which aims at creating a conducive environment for the private. Ghana budget 2016 budget statement and economic policy 2016 1. After the approval of the budget on 31st march 2017, we went to work in a hurry and the signs are clear on the progress we have made so far.
The minister stated public sector compensation should not put further stress on the fiscal envelop. Theme putting ghana back to work 1 key highlight of the 2018 budget statement and economic policy theme. Ghana recorded a government budget deficit of 3582. Climate change finance in ghana overseas development institute. Terkper minister for finance on the authority of h. Ghana 2017 budget commentary and tax highlights 4 economy and. This was the first budget presented by the minister since the current government assumed power on 7 january 2017. On 2 march 2017, the minister for finance and economic planning, mr. Speaker, this presentation is an abridged version of the 20 budget statement. Nutrition sensitivity of the 2014 budget statement of.
The current budget allocation for climate change relevant actions of gh 637 million. Budget statement 2015 5 empowering our people through sustained economic growth and prosperity madam deputy speaker, our economy has performed admirably in the face of the adverse cumulative effects of the difficult external environment and the turbulence in financial markets brought about by the 20082009 global financial crisis. Terkper minister for finance on the authority of his excellency president john dramani mahama. Box mb 40 accra ghana the 2016 budget statement and economic policy of the government of ghana is also available on the internet at. Box mb 40 accra ghana the 2019 budget statement and economic policy of the government of ghana is also available on the internet at.
For copies of the statement, please contact the public relations office of the ministry. Ghana 2017 budget statement in snapshots ghana financial. The 2015 budget statement and economic policy of the government and the citizens budget are available on the internet at. This analysis looks at gaps and opportunities for women and children.
The budget statement and economic policy of the government of ghana for the 2016 financial year presented to parliament on friday, th november 2015 by seth e. Budget statement and economic policy of the government of. Ghana governments 2015 budget statement highlights news ghana. Highlights of the 2006 budget statement news ghana. This page provides the latest reported value for ghana. Speaker, since november 20, however, when the 2014 budget was presented and approved by parliament, the economy has experienced a number of. Ghana issues 2018 budget statement and economic policy.
The 2018 budget themed putting ghana back to work is informed by president akufoaddos coordinated programme for economic and social development policies which aims at creating a conducive environment for the private sector to thrive, propel. House approves the budget statement and economic policy of the government for the year ending 31st december 2010. Budget statement and economic policy to parliament on behalf of the president as required by the constitution of ghana. The theme for the budget is putting ghana back to work. The states are asked to decide whether they are of the opinion. Evaluation of public financial management reform in ghana, 2001. Mar 07, 20 find below downloadable documents on the 20 budget statement and economic policy of ghana. This page provides ghana government budget actual values. Read full text here 2017 budget statement full text credit. In the brief, the ifs highlighted the need for the government to seek more conducive fiscal and macroeconomic environment in 2017 before the government rolls out its ambitious growth policies in later years. The minister of finance and economic planning, mr ken oforiatta has presented the 2018 budget statement and economic policy to parliament. Ghana 2019 budget commentary and tax highlights deloitte. As it is commonly known, a budget is an instrument of government economic policy and a strategy to deal with a country.
The budget statement basically outlines governments expenditure plan and economic policy to meet national goals. To purchase copies of the statement, please contact the public relations office of the ministry. Consolidating the gains for growth, jobs and prosperity for all. Madam speaker, it is my duty once again, to present to this honourable house and to the people of ghana the 2010 budget statement and economic policy on behalf of his excellency, president john evans atta mills. Nov 15, 2015 ghana budget 2016 budget statement and economic policy 2016 1. The 2018 budget statement and economic policy of the government of ghana is also available on the internet at. Budget statement and economic policy for the 2015 financial year. Madam speaker, i beg to move that this august house approves the budget statement and economic policy of the government for the year ending 31st december 2012. Provisional national defense council budget statement and economic policy for pndc budget statement and economic policy for.
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