There are various laws aimed at curbing corruption in ghana. Constitution, permit me to present to this august house, the budget statement. On 2 march 2017, the minister for finance and economic planning, mr. Budget statement 2015 empowering our people through sustained economic growth and prosperity 4 madam deputy speaker, it gives me great pleasure to present to this honourable house the fifth budget of the peoples partnership administration under the transformational leadership of our prime minister, the honourable kamla persadbissessar. New ghana government aims at deficit, inflation in first. Among the highlights of the 2017 budget, were the withdrawal of the 1 percent special import. Reporting oil and gas project was launched on 4th june 2009 at takoradi, western region, ghana by penplusbytes. Outlining the policy initiatives, he said, we will eliminate nuisance taxes and provide tax incentives to. Nutrition sensitivity of the 2014 budget statement of. Ministry of finance public relations office new building, ground floor, room 001 and 003 p. Finance ministers statement on 2015 budget news ghana. He touched on the gross domestic product gdp, ghanas overall revenue performance over the period, debt stock and governments strategy to reduce the debt stock.
On the authority of the president, and in accordance with article 179 of the 1992 constitution, permit me to present to this august house, the budget statement and economic policy of the. Accra, march 2 reuters ghana aims to reduce its budget deficit and inflation in 2017, finance minister ken oforiatta said on thursday in a budget speech designed to show how the new. The minister of finance and economic planning, mr ken oforiatta has presented the 2018 budget statement and economic policy to parliament. Ghana issues 2018 budget statement and economic policy. Today march 2, 2017, the minister of finance, ken ofori atta presented the governments budget statement to parliament. Budget highlights budget statement and economic policy of the government of ghana for the 2018. Ghanas fiscal performance in 2000 continued its poor performance of the recent past. Terkper minister for finance on the authority of h. Commentary the initiativestools announced in the 2014 budget, without doubt have been thoroughly con. Allocations to relevant nutritionsensitive sectors are very low ghanas 2017 budget 1. The 2018 budget statement and economic policy of the government of ghana is also available on the internet at. This report is a joint study between the centre for budget advocacy cba of the integrated social development centre and unicef ghana on the 2009 budget and its implications for women and children.
Statement and economic policy of the government of ghana for the 2019. The 2015 budget statement and economic policy of the government and the citizens budget are available on the internet at. The minister presenting the 2020 budget in parliament said the government was able to improve the economy even though it was crippled when they took over. Speaker, processes have also commenced to merge the ghana institute of. Key highlight of the 2018 budget statement and economic policy. Read full text here 2017 budget statement full text credit. Statement is set within the context of ghana beyond aid and the 2030 sustainable. The theme for the budget was transformational agenda.
Budget statement and economic policy of the government of. Kwabena duffuor minister of finance and economic planning on the authority of his excellency john evans atta mills president of the republic of ghana republic of ghana. Highlights of 2016 budget statement ghana business news. Budget felix addo country senior partner pwc ghana transformational agenda. Budget statement and economic policy of the government of ghana for the. Securing the bright medium term prospects of the economy. The theme of the budget is from stabilisation to growth, putting ghana back. The john mahamaled administration has initiated a number of economic policies aimed at radically reversing the dismal ghanaian economy. Provisional national defense council budget statement and economic policy for pndc budget statement and economic policy for. Pdf merger and acquisition in ghana revenue authority. Madam speaker, i beg to move that this august house approves the budget statement and economic policy of the government for the year ending 31st december 2012. Ghana budget 2016 budget statement and economic policy 2016 1. Minister for finance ken oforiatta, says 2019 was a good year for the ghanaian economy.
Speaker, this presentation is an abridged version of the 20 budget statement. The 2019 budget statement and economic policy of the government of. The minister for finance and economic planning noted that the adoption of this theme is to ensure progress against the. This was the first budget presented by the minister since the current government assumed power on 7. According to the minister, governments medium term debt management strategy seeks to help government to. Finance minister, ken oforiatta has presented the 2017 budget statement in parliament. The true extent of ghanas oil wealth is still unknown, as exploration activity is ongoing and appraisals are underway in several wells as shown in the table below.
Preamble ghanas minister for finance, ken oforiatta, presented the 2017 budget statement and economic policy to parliament on thursday, 2 march, 2017. Merger and ac quisition in ghana revenue authority, human resource issues involved depart ed at a higher rate than no ncritica l employee s during and after a me. The ministry took delivery of combine harvesters for both rice and maize. The 2018 budget themed putting ghana back to work is informed by president akufoaddos coordinated programme for economic and social development policies which aims at creating a conducive environment for the private sector to thrive, propel. The theme for the budget is putting ghana back to work. Ken oforiatta presented the 2017 budget statement and economic policy of the government of ghana the budget to parliament.
Harvey university of ghana business school this study analyzes the impact of mergers and acquisition on performance of the acquiring firm using a ttest to test the difference between the average pre and postacquisition performance indicators. The states are asked to decide whether they are of the opinion. The constitution of ghana as well as several other legislations such as the criminal offences act 1960 act 29, whistleblower act 2006 act 720 and the antimoney laundering act 2008 act 749 have provisions governing anticorruption in ghana. As it is commonly known, a budget is an instrument of government economic policy and a strategy to deal with a country. To purchase copies of the statement, please contact the public relations office of the ministry. Find below downloadable documents on the 20 budget statement and economic policy of ghana. Ghana national action plan for the implementation of the. Public relations office new building ground floor room 002 or 004 p. The files can also be accessed and downloaded from the widget. The budget statement and economic policy ghana news. I have the singular honour and privilege to stand before this august house and the people of. However, the proportion of the national budget that goes to direct nutrition interventions is not evident in the budget. The minister of finance indicated in the 2015 budget statement that crude oil production from the jubilee field in 2014 totaled 28,017,990 barrels, or 102,630 barrels per day, while.
A number of national, regional and international instruments make provision for securing the rights of women and children. Madam speaker, it is with great pleasure and humility that i present to this august house the 2009 budget statement and economic policy of the national democratic congress ndc government on behalf of his excellency, president john evans atta mills. Box mb 40 accra ghana the 2017 budget statement and economic policy of the government of ghana is also available on the internet at. F ull speech, budget 2009 statement minister of finance and economic planning, dr.
This is in accordance with article 179 of the 1992 constitution. Document of the world bank for official use only report. The 2009 budget and issues relating to women and children. Ghana issues 2017 budget statement and economic policy. The minister of finance and economic planning the minister presented the 2018 budget statement and economic policy the budget for the government of ghana to parliament on 15 november 2017. A new pfm bill is being drafted to be passed into law in 2016 to provide a stronger regime for budget planning and formulation, execution and monitoring. Ghana 2017 budget commentary and tax highlights 4 economy and. Budget speech budget statement and economic policy of the government of ghana for the 2010 fiscal year presented to parliament on wednesday, 18th november, 2009 by. Budget statement and economic policy of the government of ghana for the financial. The 2019 budget statement focuses on building a more dynamic and stronger economy by accelerating economic growth, modernising agriculture, industrialising society and protecting the vulnerable to create jobs and prosperity for ghana. As a government, we are committed to the effective implementation of the ghana national action plan on united nations security council resolution 25 on women peace and security and assure all of our leadership in this process. The minister of finance, hon seth tekper, on tuesday, m arch 12th 2015, presented to the house of parliament the budget statement.
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. He said, among other things in his address that government is ready to fix the economy. Securing the bright medium term prospects of the economy the theme for governments 2015 budget statement and economic policy mirrors the persisting global and economic challenges and the effort required to weather the shocks while growing the economy. The budget highlights the removal of most of what the government of the new patriotic party npp considers nuisance taxes. Budget statement and economic policy for the 2015 financial year. On fiscal policy the minister said it created additional fiscal space for sustainable budget expenditures and enhance efficiency in tax administration, compliance and increase tax revenue.