Govt’s mid-year budget review empty, offers no hope – Minority

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The Minority in Parliament has indicated that the Mid-year Budget review presented by the Minister of Finance, Ken Ofori-Atta had nothing new to offer Ghanaians.

According to them, Ghana’s economy is not in the right hands to salvage the nation from the current economic predicaments.

“We have a country that is in crisis economically, everything is not working yet the Minister responsible for Finance appeared before us and said nothing. He failed to address the very concerns of the ordinary Ghanaians,” the Ajumako-Enyan-Esiam MP said.

“Let me start by saying that things fall apart. Things fall apart because credibility matters in economic management and forecasting is everything. The 2022 budget I recall when it was read in November last, I got investors very jittery as a result they started exiting Ghana’s market.

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“Today, the Minister’s mid-year review is worse. The Mid-year review budget that he just read is empty, nothing but empty. We have a country that is in crisis economically everything in this country is not working,” the Ranking Member on the Finance Committee of Parliament, Casiel Ato Forson disclosed in an address to the media.

He continued: “Yet, the Minister responsible for Finance appeared before us and said nothing. He failed to address the very concerns affecting the ordinary Ghanaian. Today, he comes here once again only to tell us that he has missed all the targets he set in the 2022 budget, every one of them.

According to him, the Finance Minister could achieve the targets set in the 2022 Budget only appeared before Parliament “to propose the target that he proposed to achieve by the end of year 2022.”

“Unfortunately, the economy is in bad hands, the Ghanaians economy is in a way. I have not seen a government ready enough to deal with the situation,” MP disclosed.

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