Members of Parliament today could not agree whether or not the state should spend the portion of the oil revenue meant for future generations or save it.
The house is currently considering amendments to the Petroleum Revenue Management Bill but had to defer that of the establishment of a heritage fund today because of sharp division.
Whilst some argue the state must spend the heritage fund only after a period of time, others led by Majority Leader Cletus Avoka are of the opinion the money should be spent now.
Play the attached audio for excerpts of the debates on the Floor of Parliament.
Source: Joy News/Myjoyonline.com/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:
Latest Stories
-
Keynote speakers arrive in Paris for Women of Valour
3 hours -
It’s time to reset Ghana and private sector must lead the way – Ishmael Yamson
4 hours -
Prosecutors demand Luis Rubiales World Cup kiss retrial
5 hours -
Ghana won’t sink any further, investors must stay – Ishmael Yamson
5 hours -
Dr. Louisa Satekla pays courtesy call on Haruna Iddrisu to promote oral health education
5 hours -
Coastal Civil Society Forum engages tidal wave victims, calls for urgent gov’t action
5 hours -
ECB apologises for Pope Francis Ashes post joke
5 hours -
Denmark postal service to stop delivering letters
5 hours -
Photos: Mahama visits victims of tidal waves destruction in Volta region
5 hours -
Teen armed with gun overpowered by passengers onboard plane
6 hours -
Ghana Month: From war airbase to global gateway – KIA’s evolution and Ghana’s airline struggle
6 hours -
Rosetta Quaicoe: Preventing future Cholera outbreaks in Takoradi: A public health imperative
6 hours -
Edward Bawa assumes office as Acting Group CEO & MD of GOIL PLC
6 hours -
Ghana’s economy to face greater external stability in 2025; reserves to hit $8.8bn in 2025
6 hours -
Ghana’s current account balance to remain positive at 1.8% in 2025 – Fitch Solutions
6 hours