The Director of Communications of the New Patriotic Party (NPP), Richard Ahiagbah has rebuked the opposition National Democratic Congress (NDC) for its constant criticism of the government.
Mr Ahiagbah says the NDC is fond of criticising the government no matter the efforts being made to address economic challenges.
In a Twitter post on Wednesday, August 2, Mr Ahiagbah said President Akufo-Addo is doing a lot to achieve fiscal balance.
According to him, the Finance Minister mentioned most of these efforts in the 2023 Mid-Year Budget Review, however, the NDC is engaged in propaganda.
“We have turned the corner, and are on the path to macroeconomic stability. The government is being fiscally disciplined. The mid-year budget reported an estimated GHȼ21 billion in expenditure cuts, but somehow the NDC has not talked about this key performance indicator.”
“Please inform the NDC about this significant cut in government expenditure, at mid-year, in case they missed that page.”
“More is being done to achieve the desired fiscal balance to support growth. We are in it together so let's work together to build back stronger & better.”
The Finance Minister, Ken Ofori-Atta in presenting the mid-year budget review in Parliament on Monday said the government was proposing a downward revision of the Appropriation from GH¢227.7 billion as presented and approved in November 2022 to GH¢206 billion in line with Regulations 24 sub-regulation (3) of the Public Financial Management Act Regulations 2019 (L.I. 2378).
He explained that the country in the first six months of the year had seen improvements in tax revenue and was on course to meet its targets for the year, but oil revenues fell short of expectation due to changes in global prices.
“We will, therefore, undertake a downward review of expenditures to align with the underperformance of some of our revenue handles. This will impact the Annual Budget Funding Amount (ABFA) and thus reduce the 2023 Appropriation,” he added.
Latest Stories
-
CHRAJ clears Victor Kusi Boateng over allegations of 2 passports, Cathedral cash theft
2 mins -
We’ll restore hope by cutting down taxes and avoiding unreasonable borrowing – Ato Forson
7 mins -
14th Edition of Tech in Ghana Conference launched in Accra
7 mins -
Manifesto clash: NPP, NDC spar over water, hygiene, sanitation and climate change
14 mins -
Ellembelle MP constructs new health facility at Santaso to serve several communities
18 mins -
Kwasi Appiah wanted to axe Ayew brothers and Wakaso from Black Stars – Ernest Thompson reveals
25 mins -
AngloGold Ashanti empowers PWDs in Obuasi East to harness 10-year socio-economic development plan
28 mins -
‘Dumsor’ won’t go anytime soon, we need 2 years to stabilize- IES
34 mins -
Black Stars Management Committee does a good job – Ernest Thompson
37 mins -
GFA set to launch Girls for Goals campaign in Keta
39 mins -
Siisi Baidoo wins Male Vocalist at 2024 Praise Achievement Awards
44 mins -
Perez Musik celebrates marriage with breathtaking photos
1 hour -
I am not ready to sign any artiste to my record label – Kuami Eugene
2 hours -
Gov’t spokesperson on governance & security calls for probe into ballot paper errors
2 hours -
Free dialysis treatment to be available in 40 facilities from December 1 – NHIA CEO
2 hours