Finance Minister Ken Ofori-Atta is to lay a two-part document before parliament today, 15 November 2023, as he presents the 2024 budget to parliament.
They would be an
economic programme for next year and then the 2024 budget itself, Information
Minister Kojo Oppong Nkrumah has revealed.
Mr Nkrumah said the
"idea is to deepen stability, get the economy growing to create some more
jobs, try and bring down the cost of living and while at that, inflation, as
well".
"You'll see that find expression fully in the economic
policy that would be laid before parliament", Mr Nkrumah told local
media.
"Then you come to the fiscals or the budget itself that
underpins this economic policy. You'll recall that the fiscal framework has
already been signed off, as part of the ECF facility that we signed with the
IMF and, so, there's a fiscal path that we are on, which is aimed at narrowing
or reducing our deficit position", he said.
"I think in the year before, we were at negatibe 3.5 or
negative 4.5. In this current year we've been trying to do a negative 0.5 and I
think next year, it's supposed to be a positive 0.5", he explained.
"So, that fiscal path has already been approved and I think
we will be continuing on that fiscal path even with the fiscal framework that
underpins this year's economic policy and I guess that's what most Ghanaians
should be looking forward to in the budget part of the two-part document that
would be presented before parliament", Mr Nkrumah told the media.
Source: Classfmonline