The finance minister ,Seth Terkper is expected to present the 2014 Budget to parliament on November 19.
This is the new date the Finance Ministry together with Parliament, has agree on for government's economic policy statement to be laid before the house.
The minister was originally scheduled to read the budget on November 14, however, it had to change the date because of some challenges on working on the necessary bills before the budget is laid before the house.
Joy Business has gathered that the budget is likely to focus on programs that would enhance the country's economic growth, while strengthening economic gains.
Sources say this is the way government plans to go despite the current challenges facing the economy. The Head of Budget reforms at the ministry of finance, Eva Mends, has told Joy Business the budget would also come up with programs to address the rising wage bill.
Another initiative that minister is expected to announce, is fusing spending plans of various ministries and agencies into results and achievable target.
This should mean that the every government department would from next year be asked to show what it has done with funds disbursed before new allocations are made for the next quarter. The initiative is part of a broader policy program to ensure that government gets value for money and check its rising expenses
Latest Stories
-
Gold Fields Ghana Foundation challenges graduates to maximise benefits of community apprenticeship programme
1 hour -
GBC accuses Deputy Information Minister Sylvester Tetteh of demolishing its bungalow illegally
2 hours -
Boost for education as government commissions 80 projects
2 hours -
NAPO commissions library to honour Atta-Mills’ memory
2 hours -
OmniBSIC Bank champions health and wellness with thriving community walk
2 hours -
Kora Wearables unveils Neo: The Ultimate Smartwatch for Ghana’s tech-savvy and health-conscious users
2 hours -
NDC supports Dampare’s ‘no guns at polling stations’ directive
2 hours -
Police officer interdicted after video of assault goes viral
2 hours -
KNUST’s Prof. Reginald Annan named first African recipient of World Cancer Research Fund
2 hours -
George Twum-Barimah-Adu pledges inclusive cabinet with Minority and Majority leaders
3 hours -
Labourer jailed 5 years for inflicting cutlass wounds on businessman
3 hours -
Parliament urged to fast-track passage of Road Traffic Amendment Bill
3 hours -
Mr Daniel Kofi Asante aka Electrician
3 hours -
Minerals Commission, Solidaridad unveils forum to tackle child labour in mining sector
3 hours -
Election 2024: Engagement with security services productive – NDC
3 hours