GhanaReview International - The Leading Ghanaian News Agency
London New York Accra
GRi Latest News
Sunday 29 May 2016

2016-05-26

[N] ECG killer bills: NDC sheds crocodile tears
[N] Breaking: Justice Dery loses "half-salary" battle at Supreme Court
[N] Pupils reject School Feeding Programme
[N] Paintsil did not assault cop – Sister
[N] Reprimand NPP and Affiliate groups – Young Democrats demand
[N] NRSC Cautions Road Users ahead of Heavy Rains
[N] Disregard for implementation of our laws fuelling corruption - GII executive
[N] ECG ‘taken aback’ by PURC directive

2016-05-24

[N] GES fleecing teacher applicants
[N] ECG ordered to suspend implementation of new billing system
[N] Government offers 4,799 nurses jobs
[N] NDC Parliamentary candidate halts construction of road
[N] JUSAG meeting with Employment Minister ends inconclusively
[N] GBA appeals to JUSAG members to resume work
[N] Two Ahafo Ano Assembly staff nabbed for diverting GHc133,000
[N] Akufo-Addo calls for immediate reduction on electricity tariffs
[N] Driver killed at Nyamebekyere

2016-05-17

[N] Propagandist Otabil doing NPP’s bidding – Koku Anyidoho
[N] Ghana's economy isn't growing - Economist
[N] 32-year-old Nigerian in police grip for registering in limited voter registratio
[N] NPP MP donates ambulance to Yiziesi Health Center
[N] TB Joshua prophesied arrest of escapee Brong Ahafo robber
[N] VIAMAlarm! GES teacher recruitment process potentially fraudulent

2016-05-16

[N] Accra Police Commander Dampare transferred to Winneba - See more at: http://citi
[N] NPP, NDC have not fought corruption - PC Appiah Ofori
[N] Bawumia commissions boreholes, public toilet for Adoagyiri, Sagnarigu
[N] Tap water contains toxins — CSIR report
[N] Ghana’s public debt hits GHC99.9bn
[N] Retain Mahama if things are going well for you – Akufo-Addo
[N] Afenyo-Markin demands dissolution of UEW Council

2016-05-13

[N] Mahama ‘did not carry conviction of truth-telling’ in bribe question - Prof. Att
[N] Bribes: NDC Man Dares Prez Mahama To Follow Him To Antoa…
[N] Afoko's case: CJ dismisses petition by late Mahama's family
[N] Dr Opuni accused of expending $175,000 on house gate
[N] $250m transfer is a financial atrocity - Kojo Oppong Nkrumah
[N] Quest for 'physical powers': 4 KSTS students caught in occultic rituals

2016-05-11

[N] Workers of Tema Shipyard demand CEO's dismissal
[N] Don't associate me with Akufo-Addo, I'm for all - Nii Nortey
[N] National Council for Tertiary Education backs Students on Utility Tariffs
[N] Veteran actor William Addo slams Tourism Minister
... go Back
 
General News

[ 2013-03-05 ]

Seth Terkper presents budget today
Finance and Economic Planning Minister Seth
Terkper will today, Tuesday, present the 2013
budget and economic policy statement of the
government to parliament.

The statement will review government's expenditure
and revenue generation in 2012 and the projections
for this year.

The budget is expected to give teeth various
policy initiatives outlined by President John
Mahama in his State of the Nation Address
delivered two weeks ago.

This year's budget will be the first to be read by
Mr Seth Terpker on behalf of President Mahama
after being appointed Minister of Finance and
Economic Planning.

It was to have been presented in November 2012, in
line with Article 179 of the constitution, but was
rescheduled because of the general elections held
in December 2012.

Although information on today's budget is sketchy,
indications are that the government will use it to
commit substantial resources into key priority
areas such as education, infrastructure, health,
job creation, private sector development and
social intervention mechanisms.

It is also expected to give an insight into
government's programmes that will help sustain
growth in the economy, stimulate growth in the
private sector, increase domestic revenue
generation and correct fiscal imbalances in the
system while providing a clearer picture of how
the government intends to manage the rising public
sector wage bill.

Already, public expectation of the budget is
divided, but the Executive Director of the Centre
for Policy Analysis (CEPA), Dr Joe Abbey says his
outfit would be looking out for a comprehensive
review of government's performance in 2012,
especially regarding the implementation of the
Single Spine Salary Structure, the dividends of
the payroll audit commissioned in 2011 and how the
government intended to manage the rising public
sector expenditure vis-a-vis revenue generation.

"I would also like to see how the government
intends to improve upon revenue generation while
reducing public sector expenditure," he added.

The reading of the budget normally starts with a
review of government's performance and the causes
thereof in the just-ended financial year. The
review is followed by forecasts for the year and
then concludes with sartorial outlooks and
resource allocations to the various sub-sectors
and ministries.

With the presentation of the 2013 budget coming on
the back of challenges in electricity generation
and water supply nationwide, indications are that
the Finance Minister will use the occasion to
commit some funds into the utility sub-sector as
part of a wider effort by government to improve
the livelihood of the populace.

The Western Corridor Gas Infrastructure Project,
which includes the commercialisation of the
country's gas resources in the Western Region, is
expected to receive keen attention as the
government attempts to drift from its traditional
dependence on hydro and thermal sources for power
to alternative ones, including natural gas.

Forecasts for key fiscal policies, such as
inflation, gross domestic product (GDP), budget
deficit and revenue mobilisation, will also
feature in the budget.

While the government is expected to announce new
and additional sources of income into the national
kitty, the business community expects it to cut
taxes in some areas to enable businesses to
compete and expand.

Source - Daily Graphic



... go Back

 
Add YOUR View here

Ghana Review International (GRi) is published by Micromedia Consultants Ltd. T/A MCL - a wholly Ghanaian owned news agency. GRi is an independent publication and is non-aligned to any political party or interest group, within or outside of Ghana. It is a reliable source of information for Ghanaians and non-Ghanaians alike. This magazine will be of interest to any person with an interest in Ghana, Ghanaians and Africans, wherever in the world they live. This website is the on-line arm of the publication. It contains news and reviews on Ghana and the international communities.

All pages are © Copyright Ghana Review International (GRi) 1994 - 2016