Parliament has approved the budget statement for the 2009 fiscal year.
The approval of the budget christened ‘Investing in a Better Ghana’ comes after days of debate in the house.
Finance Minister Dr. Kwabena Duffuor on March 5, 2009 presented the document to Parliament in which he announced a series of austerity measures which government says will kick-start a new development paradigm.
Although the minority have described the document as a "sakawa budget", the majority have hailed it as being pro-poor and good news for Ghanaians.
The budget contain series of measures aimed at cutting back government expenditure and increasing revenue.
Parliament seems to have reached a consensus after two weeks of intense debate on the floor.
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
-
GRA exceeds revenue target in quarter one, records GH¢41bn
30 minutes -
Stanbic Bank advocates for increased funding access for women-led agribusinesses
31 minutes -
Zen Gardens gave us a chance when others rejected us – Kwan Pa Band
42 minutes -
E Vibes: Kwan Pa Band reveals motive behind venturing into palm wine music
43 minutes -
Public deserves answers on both alleged drug scandal, Adwoa Safo issue – Dr. Asah-Asante to NPP
57 minutes -
ACE4ES Consortium advocates enhanced agriculture to Ghana’s Nationally Determined Contributions
1 hour -
We’re focused on alleged drug trafficking scandal, not Adwoa Safo – NPP
1 hour -
Hindsight: The Black Stars ACL pandemic; separating facts from fiction
2 hours -
PHFAoG resumes services to NHIS cardholders after NHIA assurance
3 hours -
Jubilation trails arrest of Nigerian businessman Benedict Peters at Kanda
3 hours -
Sosu’s Madina Job Center welcomes 120 new apprentices
3 hours -
Stanbic Bank champions inclusive innovation and youth empowerment
3 hours -
Prioritise growth for macroeconomic stability in reset agenda – Standard Bank
4 hours -
Ghana Bauxite Company targets 6m tonnes by end of 2025
4 hours -
US Tariff: ‘We’ll continue to talk’ – US Ambassador after meeting with Foreign Minister
4 hours