Finance Minister to present 2022 Budget Today

Finance Minister Ken Ofori-Atta will on behalf of the President lay before Parliament, the 2022 Budget Statement and Economic Policy of Government today.

This is in accordance with Article 179 of the 1992 Constitution and Section 21 (3) of the Public Financial Management Act, 2016, (Act 921).

The budget, which is termed as the most anticipated in Ghana’s history is said to focus on expanding Ghana’s economic recovery from the COVID-19 pandemic.

The Ministry of Finance, ahead of the budget reading in a statement hinted that the budget will among other things dwell on “creating a climate-friendly entrepreneurial state to address unemployment and import substitution.”

It also mentioned the “digitalisation of the economy, skills development and entrepreneurship as among the key issues in the presentation.”

Ken Ofori-Atta in a Joy News report monitored by GhanaWeb stated that the government of Ghana is committed to putting in place measures that will help deal with the unemployment situation in the country as well as recent challenges with the employment of fresh graduates for the public sector.

“I don’t think we can wait any longer, because the time is now on how to create an entrepreneurial state and deal with this issue once and all. Certainly, the issues of youth and jobs will be the centre of this budget presentation,” the Minister said.

Ken Ofori-Atta, however, noted that creating an entrepreneurial state has been a challenge for the government, and hopefully the 2022 budget to deal with this problem.

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