Tuesday, 29 November

Mid-year budget review postponed

Business
Ken Ofori-Atta - Finance Minister

Government has postponed the Mid-Year Budget Review and Supplementary Estimates for the 2022 Financial Year which was expected to be presented by the finance minister tomorrow, Wednesday, 13 July 2022.

ClassFMonline.com has learnt that the mid-year budget review was rescheduled due to the International Monetary Fund’s (IMF) ongoing meetings with stakeholders over Ghana’s economic program.

The IMF Team is expected to engage the Finance Committee of Parliament today, Tuesday, 12 July 2022.

The IMF team has been in Ghana since last week.

The Fund’s officials are led by Mission Chief for Ghana, Carlo Sdralevich, as the fate of Ghana’s financial future is tabled for discussion amid hue and cry from the public over the ever-increasing cost of living.

The Finance Ministry earlier revealed that the engagement will be a seven-day activity with the IMF officials, the government’s Economic Management Team and the Presidency.

Source: Classfmonline.com/Emmanuel Mensah