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Saturday 25 April 2015

2015-04-24

[N] Adamu Sakande Plots Ayariga’s Defeat
[N] NDC Job Cut In 2017
[N] House Girl Murdered Over Sex At Airport
[N] Judgment Day For Cedi Case
[N] Bagbin: Woyome saga haunts Barton Oduro
[A] “I’m doing great and back home” – Kwaw Kese celebrates release
[N] Akufo-Addo confers with Nigeria’s Buhari
[B] HFC appoints Robert Le-Hunte as new MD
[N] Three confirmed dead in Talensi mining accident
[N] Parliament hampering democracy - Mike Oquaye
[N] Armed robbers storm KNUST
[N] Barclays Bank is the Best Global Employer Brands  
[N] Toafom thrown into mourning after 3-year-old girl is killed by speeding car
[N] Joy News Investigation: 3 Adjena teachers arrested over WASSCE fraud
[N] Chief Imam cautions against infiltration of extremist ideas
[B] BDCs reject fake audit report
[I] Deutsche Bank pays record $2.5bn fine for Libor manipulation

2015-04-23

[N] Hawa Koomson Targets 75%
[N] Council Of State Should Appoint EC Chair – VCRAC Crabbe
[N] A/R GJA boss picks forms to contest Builsa seat for NPP
[N] Mahama needs mental checkup due to extreme stress - Chief psychiatrist
[N] Joy FM uncovers examination fraud syndicate
[A] Kwaw Kese sentenced to a day's imprisonment
[N] EC boss race: Emmanuel Akwetey flaunts credentials
[N] 62 percent of Ghanaians think MPs are corrupt – Report
[N] Aseidu Nketia hails KNUST NPP lecturers; asks pastors to follow suit
[N] Gov’t Seeks US$400m More Debt
[N] Furious Bantama Constituents Blame Hon. Kokofu For 2012 Electoral Woes
[N] St. Johns SHS headmaster apologises to ‘afro hair’ students
[N] ‘You can’t change the truth’ – KKD  
[N] Woman, 38, dies as ambulance driver deserts post at 37 Hospital
[N] South Africans have betrayed Africa - Mahama
[S] Ghana players behave like taxi drivers – Albert Commey
[A] Diaries Of an Oguaa Fisherman: Two discharges that made KKD frown and laugh in 4 months
[N] KKD rape case was dropped because victim was unwilling to testify – AG  
[N] New technical University set to improve manufacturing sector
[N] Civil servants to lose jobs in 2017 – IMF confirms
[A] Otumfuo receives rousing welcome at Seychelles Islands

2015-04-22

[N] ‘Public office holders must undergo psychological screening’
[N] Fresh clashes at Agbogbloshie
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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



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