Mar 07, 20 find below downloadable documents on the 20 budget statement and economic policy of ghana. Mar 02, 2017 today march 2, 2017, the minister of finance, ken ofori atta presented the governments budget statement to parliament. Dec 21, 2012 dec 21st, 2012 nigeria\s 20 budget of n4. The question of budget structure high share of recurrent expenditure in total budget worrisome to government. These electronic documents are representative of the final printed publications. The files can also be accessed and downloaded from the widget.
The budget was increased by 63 million naira since the initial budget proposal submitted by president jonathan was n4. This page provides ghana government budget actual values, historical data, forecast, chart. Budget 2014 the 202014 budget deficit is expected to increase to 6. In our opinion, the yearonyear increase in the 20 budget, though significant, remains relatively conservative compared to. This report has been prepared pursuant to article 2286 of the constitution of kenya, 2010. The 20 federal budget is 2 998 pages long and contains approximately 6 600 line items. Preamble ghanas minister for finance, ken oforiatta, presented the 2017 budget statement and economic policy to parliament on thursday, 2 march, 2017. Before i discuss the 20 budget, let me briefly summarize the outcomes of the 2012 budget. John dramani mahama president of the republic of ghana republic of ghana. Based on the medium term macroeconomic framework, the specific macroeconomic targets to be pursued for the medium term 20162018 include the following. 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. The budget statement and economic policy of the government of ghana for the on the authority of his excellency nana addo dankwa akufoaddo, president of the republic of ghana putting ghana back to work presented to parliament on wednesday, 15th november, 2017 by ken oforiatta minister for finance theme.
Tax revenue for 2014 expected to be r1 billion higher than projected in 20 budget. It consists of a list of all planned expenses and revenues. Partneringwofagric 2019 set to reverse the unsung hero8th annual preharvest conference and. As you may recall, the 2012 budget was approved late, and so implementation occurred over a. Sowing the seeds for growth and jobs presented to parliament on thursday, 2nd march, 2017 by ken oforiatta minister for finance years on gh mobilising for ghanas future on the authority of his excellency nana addo dankwa akufoaddo. A citizens budget is a shortened and simplified version of the budget to parliament. In the appropriation bill for the 20 fiscal year, nigerias federal government is proposing a n4. Publications department of finance government of yukon. Ghana recorded a government budget deficit equal to 3. It explains the contents of the budget in a simple and easily understood language. The budget highlights the removal of most of what the government of the new patriotic party npp considers nuisance taxes. Detailed alberta government budget documents, quarterly updates and economic statements, organized by fiscal year. Economic action plan 20 reformed the skills training system to better.
It seems the oba wants bermudians to forget what they did in 20, 2014. The 20 budget statement touches on all these issues and more. The budget statement and economic policy of the government of ghana for the theme. To access current financial documents, please visit the budget page at. Governments have, over the years, endeavoured to ensure. The province assumes no responsibility for any discrepancies between an. Financial statement online financial statement pdf budget publications. Mar 03, 2017 last week the minister of finance delivered an election budgeta budget cynically designed to reinvent the oba yet again. The 20 budget is underpinned by the following parameters which reflect governments prudent economic policies in an uncertain global economic environment. Indeed, the governments plan to return to balanced budgets is not an. Terkper minister for finance on the authority of h. Please find below a list of comprehensive budget statements spanning 1998 through to 2018. In 2016, economic policy management in trinidad and tobago was negatively impacted by the lacklustre performance of the global economy and in particular.
Government aims for tighter fiscal management in 20 budget. Speaker, in 20 the following policy initiatives will be undertaken. Discretionary budget authority proposed by the president for 20 and 2014, compared with 2012 appropriations 12 5. But 74% in 2014 revenue shock, rising wage bill, pensions. The 20 budget statement and economic policy of the government is also available on the internet at. Mr tekper, who spoke to newsmen, said that the slippages that led to overrans in 2012 will not be tolerated in 20. Consequential effects of budget deficit on economic growth. This page provides the latest reported value for ghana government spending plus previous releases.
Public expenditure management country assessment and action plan aap ghana prepared by the staff of the world bank and the imf in collaboration with the ghanaian authorities1 may 28, 2004 1 the hipc aap mission took place between february 1625, 2004 and comprised marcelo andrade head, world. Pdf project development facility pds primary dealers pefa public expenditure and financial accountability. The 20 budget sets out to address critical issues such as expenditure management, revenue mobilisation, infrastructure development, capacity building within key sectors including oil and gas as well as agriculture modernisation. Budget 20 financial statement by the minister for finance. The agriculture, construction, aviation and solid mineral sectors will be the main drivers. Finally, from the 20 budget onwards, some departmental. May 20 baseline and in cbos estimate of the presidents budget 2 2. Summary of 20 budget measures policy changes pdf irish version pdf. Job creation the focus of the proposed 20 budget is to achieve inclusive growth by identifying and developing job creation opportunities. A large portion of the cause personnel expenditure about 71% of recurrent, 37. Forecasting oil revenues for the 2015 ghana budget 3. Ghana government budget 20042018 data 20192020 forecast.
Speaker, developments over the years has exposed the need to. Cbos estimate of the effect of the presidents budget on baseline deficits 6 4. Financial statement online financial statement pdf. Pdf consequential effects of budget deficit on economic. Debt stock as percentage of gdp to stabilise at 44. 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 authority of his excellency nana addo dankwa akufoaddo, president of the republic of ghana theme. The 2018 budget statement and economic policy of the government of ghana is also available on the internet at.