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Saturday, November 27, 2021

Ghana’s 2022 budget statement reading is today – Ken Ofori Atta » GhBase•com™

The Finance Minister, Mr Ken Ofori Atta is expected to present the budget statement for the 2022 fiscal year in Parliament, today Wednesday, November 17.

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The budget is expected to outline job creation measures and efforts to support the teeming youth of this country.

Speaking in an interview with TV3 on Tuesday, November 16 ahead of the presentation, Prof Gatsi who is the Dean of the Business School at the University of Cape Coast said “Definitely, if you are talking about a huge deficit you want to ensure that you achieve fiscal consolidation.

“Tax alignment is the solution but as to whether the alignment will respond to the reality of the grounds is another thing. So definitely there will be tax alignment in the budget.

“The net effect of that alignment will be an increase in taxes because you will want to achieve fiscal consolidation so that is expected.”

Meanwhile, the Minority in Parliament spearheaded by Muntaka Mubarak have threatened not to approve the budget if Finance Minister Ken Ofori Atta fails to show how the 2021 budget was spent.

Speaking in an interview with TV3, Muntaka Mubarak said “This budget, we have sent a signal that if you don’t bring the details on how you spent the 2021 budget you are going to have it very difficult with us getting approval for 2022.

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