Ministries, Government Agencies and Departments from the 1st of January should be able to access funds from the Finance Ministry to support their spending plans for 2011.
This follows the approval of the Appropriations Bill by parliament authorizing government to spend a little over 12 billion Ghana cedis for next year.
These are monies the Finance Ministry expects to gross from taxes, grants, incomes and fees. President Mills is expected to give his assent to the bill which was approved by Parliament just before it rose for the Christmas break.
Deputy Finance Minister Seth Terkper told Joy Business his outfit is working hard to ensure that government business begins on time.
Mr. Terkper said some measures that have been put in place to ensure that ministries, department and agencies keep to their estimates in the budget.
Government plans to spend the little over 12 billion Ghana cedis on wages and salaries, services maintenance, administration and investment infrastructure.
Source: Joy Business/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Kenyan president apologises to Tanzania over deportation row
25 minutes -
South Africans pay tribute to acting ‘icon’ Chweneyagae who died age 40
38 minutes -
Fleeing US deportations, it took this family three tries to enter Canada
53 minutes -
Elon Musk bids farewell to White House but says DOGE will continue
1 hour -
Trump administration to ‘aggressively’ revoke visas of Chinese students
1 hour -
US trade court blocks Trump’s sweeping tariffs
1 hour -
Giant of African literature Ngũgĩ wa Thiong’o dies aged 87
2 hours -
Parliament set to reintroduce anti-LGBTQ+ Bill
3 hours -
Cats distinguish owner’s smell from stranger’s, study finds
3 hours -
Trump appears to set Putin ‘two-week’ deadline on Ukraine
3 hours -
Telegram announces partnership with Musk’s xAI
3 hours -
Temu’s Chinese owner sees profits plunge as trade war bites
3 hours -
Nvidia revenues surge despite tariff uncertainty
4 hours -
World Vision Ghana launches Community Pad Bank in Kadjebi to tackle menstrual poverty
4 hours -
Police probe alleged assault on MGL journalist during Wontumi’s arrest
4 hours