House approves the budget statement and economic policy of the government for the year ending 31st december 2010. John dramani mahama, president of the republic of ghana. Harvey university of ghana business school this study analyzes the impact of mergers and acquisition on performance of the acquiring firm using a ttest to test the difference between the average pre and postacquisition performance indicators. By the end of march 2017, therefore, if not before, all. This presentation is an abridged version of the 2017 budget statement and i would like to request the hansard department to capture the entire budget statement and economic policy 4. 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. Ken oforiattah, presented the 2019 budget statement and economic policy to the parliament.
Ministry of finance public relations office new building, ground floor, room 001 and 003 p. Ghana issues 2018 budget statement and economic policy. The 2018 budget statement and economic policy of the government of ghana is also available on the internet at. Highlights of the 2006 budget statement news ghana. Below are some of the highlights read full text here 2017 budget statement full text credit. Specific plans for taxrelated measures are relatively limited, although a general overview of revenue measures is provided, which includes. It consists of a list of all planned expenses and revenues. 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.
Secretariat and mr samuel danquah arkhurst mofepbudget division for their unconditional. Executive summary on 19 july 2018, ghanas minister for finance and economic planning the minister, mr. Finance minister to present 2020 budget statement on. Following is the full text of 2020 budget statement and economic policy, under the theme, consolidating the gains for growth, jobs and prosperity for. The minister stated public sector compensation should not put further stress on the fiscal envelop. The theme of the budget is from stabilisation to growth, putting ghana back to work. Both, agenda 2063 and the summits draft declaration of 2015 predict a massive. 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. Ghana 2020 budget statement and economic policy presented.
Ghana 2019 budget commentary and tax highlights deloitte. 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. The finance minister, ken oforiatta, presented the 2017 budget statement to parliament earlier today thursday, march 2. Budget statement and economic policy for the 2015 financial year. This page provides ghana government budget actual values. The key aspects of the policy relating to tax, according to the minister, are summarized below. Unlike the 2018 budget ghana which was popularly referred to as adwua budget and the 2017 asempa budget meaning the good news budget. On 2 march 2017, the minister for finance and economic planning, mr. A statement issued by the public relations unit of the ministry of finance, and copied to the ghana news agency, said the 2020 budget would focus. He said, among other things in his address that government is ready to fix the economy. Full 2020 budget statement and economic policy the ghana.
These pillars are entrepreneurship, infrastructure, industrialization, social intervention, agricultural modernization and improving efficiency in. The diagonal accountability relationship combine elements of both the vertical. 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. Heres the full 2019 budget statement article pulse ghana. Minister for finance ken oforiatta, says 2019 was a good year for the ghanaian economy. Finance minister, ken oforiatta has presented the 2017 budget statement in parliament. Madam speaker, it is with great pleasure and humility that i present to this august house the 2009 budget statement and economic policy of the national democratic congress ndc government on behalf of his excellency, president john evans atta mills. Ghana governments 2015 budget statement highlights news ghana. Right honourable speaker, honourable members of parliament, on the authority.
Securing the bright medium term prospects of the economy. The minister of finance, ken oforiatta on wednesday, november 15, 2017, presented the akufoaddo governments 2018 budget statement and economic policy to parliament. On 15 november 2018, ghanas minister for finance and economic planning, mr. He touched on the gross domestic product gdp, ghanas overall revenue performance over the period, debt stock and governments strategy to reduce the debt stock. The minister presenting the 2020 budget in parliament said the government was able to improve the economy even though it was crippled when they took over. Review of ghanas 2019 budget statement and economic policy. John dramani mahama president of the republic of ghana republic of ghana.
Ghana presents 2019 budget statement and economic policy the key aspects of the policy relating to tax, according to the minister, are summarized below. Ghanas minister of finance, ken oforiatta, presented the 2018 budget statement and economic policy to parliament on wednesday, 15 november 2017. 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. F ull speech, budget 2009 statement minister of finance and economic planning, dr. The 2019 budget statement and economic policy is under the theme a stronger economy for jobs and prosperity. Ken oforiatta, presented the 2019 budget statement and economic policy to parliament on thursday 15 november, 2018. Finance minister, ken oforiatta the finance minister, ken oforiatta has presented before parliament the 2020 budget statement and economic policies set to drive ghanas economy in the coming year. Nov 15, 2015 ghana budget 2016 budget statement and economic policy 2016 1.
Pdf merger and acquisition in ghana revenue authority. Review of ghanas 2019 budget statement and economic policy imani november 20, 2018 1 min 1609 the theme for the budget, a stronger economy for jobs and prosperity, underscores governments overall objective of creating jobs and shared prosperity through a robust economy. As you may recall, in april 2015 the ndc government had sought and received. Click here to view 2020budgetstatementandeconomicpolicy the post full statement. The 2015 budget statement and economic policy of the government and the citizens budget are available on the internet at. The ministry took delivery of combine harvesters for both rice and maize. The full budget statement for the 2019 financial year. Terkper, minister of finance on the authority of h. Ghana 2017 budget statement in snapshots ghana financial market. Mar 02, 2017 today march 2, 2017, the minister of finance, ken ofori atta presented the governments budget statement to parliament. Securing the bright medium term prospects of the economy the theme for governments 2015 budget statement and economic policy mirrors the persisting global and economic challenges and the effort required to weather the shocks while growing the economy. Accordingly, the budget is centered on accelerating.
The theme of this years budget is a stronger economy, for jobs and prosperity. Mar 03, 2017 finance minister, ken oforiatta has presented the 2017 budget statement in parliament. 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. Ghana budget 2019 made simple what the country will face. Partneringwofagric 2019 set to reverse the unsung hero8th annual preharvest conference and. Budget highlights of the budget statement and economic policy of the government of ghana for the 2019 financial year presented to parliament on thursday, 15th november 2018 by ken oforiatta minister for finance. 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. Ghanas 2020 budget statement and economic policy was presented in parliament on november 2019. The policy was presented in accordance with section 28 of the public financial management act, 2016 act 921. 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. Today march 2, 2017, the minister of finance, ken ofori atta presented the governments budget statement to parliament.
This was the first budget presented by the minister since the current government assumed power on 7 january 2017. In accordance with article 179 of the 1992 constitution, the finance minister ken oforiatta has delivered the 2019. Ken oforiatta, ghanas finance minister is expected to present the 2019 budget to ghanas parliament on thursday, november 15, 2018, in accordance with article 179 of the 1992 constitution. Finance minister to present 2020 budget statement on wednesday. A budget is a plan for the near future detailing saving and spending expenditures. Pssmas, requiring environmental impact statement, strictly prohibiting mercury use, and. However, ghanas performance on the international budget partnerships ibp open budget survey obs has not shown much improvement. The full budget statement and economic policy of the government of ghana for the 2019 financial year. Chapter 11 politicisation of the national union of ghana students and its. To purchase copies of the statement, please contact the public relations office of the ministry. Ghana recorded a government budget deficit equal to 3. On the authority of his excellency nana addo dankwa akufoaddo, president of the republic of ghana. 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. Nov, 2015 the overall budget balance on cash basis registered a deficit of gh.
Ghana issues 2017 budget statement and economic policy. Read full text here 2017 budget statement full text credit. Speaker, on the authority of his excellency the president, and in keeping with the requirement under article 179 of the 1992 constitution of the republic of ghana, may i respectfully present the budget statement and economic policies of government for 2019 to this honourable house. Ghana issues 2018 budget statement and economic policy ey. The government intends to revive the textile industry which has recently. On the authority of the president, and in accordance with article 179 of the 1992 constitution, permit me to present to this august house, the budget statement and economic policy of the government of ghana for the 2018 financial year. As it is commonly known, a budget is an instrument of government economic policy and a strategy to deal with a country. The theme of the budget is from stabilisation to growth, putting ghana back to. The budget highlights the removal of most of what the government of the new patriotic party npp considers nuisance taxes. The 2015 budget statement and economic policy of the government of ghana is also available on the internet at. Budget statement and economic policy to parliament on behalf of the president as required by the constitution of ghana.
Public relations office new building ground floor room 002 or 004 p. In 2008 ghana scored 50 out of a possible 100 on the open budget index obi a comparative measure calculated from a subset. Highlights of 2016 budget statement ghana business news. Read the 2017 budget statement of ghana full textpdf. 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.
Key highlight of the 2018 budget statement and economic policy. Budget highlights budget statement and economic policy of the government of ghana for the 2018. Finance minister ken ofori atta presents 2020 budget statement to ghanas parliament duration. Preamble ghana s minister for finance, ken oforiatta, presented the 2017 budget statement and economic policy to parliament on thursday, 2 march, 2017. We expect that the procurement regulator and the board of procurement regulation will be appointed and all required public procurement units or procurement entities will be established within the next six months. The 2016 budget statement and economic policy of the government of ghana is also available on the internet at. The theme for the budget is putting ghana back to work. However, the proportion of the national budget that goes to direct nutrition interventions is not evident in the budget. The files can also be accessed and downloaded from the widget. The government intends to revive the textile industry which has recently faced counterfeiting and smuggling.
The full budget statement of the government of ghana for. The budget highlighted results from the governments policy programmes over the past months, and announced the governments planned developmental programs for the next. Beginning of 2018 especially in the 3rd quarter, the economy of ghana has not been in best of shapes as increment hit fuel and the battle between the. Merger and ac quisition in ghana revenue authority, human resource issues involved swap transaction. The budget statement and economic policy of the government of ghana for the 2016 financial year was presented to parliament on friday, th november, 2015 by hon. Mar 07, 20 find below downloadable documents on the 20 budget statement and economic policy of ghana. Ghana presents 2019 budget statement and economic policy. News ghana is ghana s leading online news portal for business in west africa and around the world. Terkper minister for finance on the authority of h. The budget must leave room for infrastructure development. Presented to parliament on thursday, 15th november 2018 by ken oforiatta minister for finance. The budget statement and economic policy ghana news. The minister of finance and economic planning, mr ken oforiatta has presented the 2018 budget statement and economic policy to parliament.