Saturday, 07 September

Finance Minister to present 2024 mid-year budget review today

Business
Finance Minister Dr. Mohammed Amin Adam acknowledged the necessity for new measures to rejuvenate the economy

Finance Minister Dr. Mohammed Amin Adam is scheduled to present the 2024 Mid-Year Budget Review in Parliament, today, Tuesday, 23 July 2024.

This presentation, his first since taking office in February 2024, is in accordance with Section 28 of the Public Financial Management Act, 2016 (Act 921).

The review aims to update Parliament on the implementation of the 2024 Budget, providing revised financial plans and an updated economic outlook for Ghana.

A statement from the Ministry, dated Monday, 22 July 2024, outlined the key areas to be covered in the review.

These include economic and fiscal performance for the first half of the year, growth measures, revenue, expenditure performance, financing, and debt sustainability.

“The review will cover economic and fiscal performance for the first half of the year, growth measures, revenue, expenditure performance, financing, and debt sustainability," the statement emphasized.

In addition, Dr. Amin Adam will update Parliament on the $3 billion IMF-supported Post-COVID-19 Programme for Economic Growth (PC-PEG), highlighting the progress and impact of the programme on Ghana's economic recovery.

Source: classfmonline.com/Elikem Adiku