Partneringwofagric 2019 set to reverse the unsung hero8th annual preharvest conference and. On 2 march 2017, the minister for finance and economic planning, mr. Mof then finalizes the budget statement after which the minister for finance, acting on behalf of the president, presents the budget to parliament usually in november. Contact wikipedia developers statistics cookie statement mobile view. Ghana government budget 20042018 data 20192020 forecast. The minister of finance and economic planning, mr ken oforiatta has presented the 2018 budget statement and economic policy to parliament. Budget statement and economic policy of the government of. John dramani mahama president of the republic of ghana republic of ghana. Mof then finalizes the budget statement after which the minister for finance, acting on behalf of the president, presents the.
As it is commonly known, a budget is an instrument of government economic policy and a strategy to deal with a country. Securing the bright medium term prospects of the economy. The budget was increased by 63 million naira since the initial budget proposal submitted by president jonathan was n4. Nov 15, 2017 the 2018 budget themed putting ghana back to work is informed by president akufoaddos coordinated programme for economic and social development policies which aims at creating a. Budget statement and economic policy for the 2015 financial year. Ministry of finance public relations office new building, ground floor, room 001003 p. Summary of 20 budget measures policy changes pdf irish version pdf taxation annexes to the summary of 20 budget measures pdf economic and fiscal outlook 20 pdf. Ghana 2017 budget commentary and tax highlights 4 economy and. Trends in public debt and debt accumulation 20 sep 2018. Box mb 40 accra ghana the 2017 budget statement and economic policy of the government of ghana is also available on the internet at. Nutrition sensitivity of the 2014 budget statement of.
Terkper minister for finance on the authority of h. For copies of the statement, please contact the public relations office of the ministry. Budget statement and economic policy to parliament on behalf of the president as required by the constitution of ghana. Ministry of finance and the economy and the honourable rudranath indarsingh, minister. Allocations to relevant nutritionsensitive sectors are very low 20 budget statement touches on all these issues and more. In our opinion, the yearonyear increase in the 20 budget, though significant, remains relatively conservative compared to. Please note that due to the age of these documents they may not meet current web publishing requirements and may not be compatible with some software. Ghana recorded a government budget deficit equal to 3. Mar 07, 20 find below downloadable documents on the 20 budget statement and economic policy of ghana. The 2018 budget themed putting ghana back to work is informed by president akufoaddos coordinated programme for economic and social development policies which aims at creating a conducive environment for the private sector to thrive, propel. Box mb 40, accra ghana the 20 budget statement and economic policy of the government is also available on the internet at. Conference paper pdf available january 20 with 163 reads. There is a successor plan for the next term gsgda ii.
To purchase copies of the statement, please contact the public relations office of the ministry. Before i discuss the 20 budget, let me briefly summarize the outcomes of the 2012 budget. Nov 15, 2015 ghana budget 2016 budget statement and economic policy 2016 1. Ministry of finance public relations office new building, ground floor, room 001 and 003 p. Ministry of finance public relations office new building, ground floor, room 002 or 004 p. The government budget balance is the difference between g. Before 2007 tax expenditure and thus tax exemptions was not accounted for in the fiscal table. To purchase copies of the statement, please contact the public relations office of the ministry ministry of finance public relations office new building, ground floor, room 001 and 003 p. This page provides ghana government budget actual values, historical data, forecast, chart.
The states are asked to decide whether they are of the opinion. I would like to request the hanzard department to capture the entire budget statement and economic policy tabled and circulated for your information and action. Budget timetable for the preparation of the 2003 budget activity 2002 1. Major areas in the 20 budget 6 gaming industry 6 public private partnerships ppps 6 cl financial 7. This analysis looks at gaps and opportunities for women and children. Ahead of the presentation of the 20 budget, ghanas finance minister, seth tepker has signaled that government will be targeting tighter fiscal management this year. Box mb 40 accra ghana the 2018 budget statement and economic policy of the government of ghana is also available on the internet at. A new pfm bill is being drafted to be passed into law in 2016 to provide a stronger regime for budget planning and formulation, execution and monitoring. The john mahamaled administration has initiated a number of economic policies aimed at radically reversing the dismal ghanaian economy.
Job creation the focus of the proposed 20 budget is to achieve inclusive growth by identifying and developing job creation opportunities. Putting ghana to work macroeconomic perfor mance for 2017 overall real gdp as of june 7. Mr tekper, who spoke to newsmen, said that the slippages that led to overrans in 2012 will not be tolerated in 20. Theme putting ghana back to work 1 key highlight of the 2018 budget statement and economic policy theme. Nov, 2015 government budget value in ghana averaged 974. Nov, 2015 a new pfm bill is being drafted to be passed into law in 2016 to provide a stronger regime for budget planning and formulation, execution and monitoring. Find below downloadable documents on the 20 budget statement and economic policy of ghana. Dec 21, 2012 dec 21st, 2012 nigeria\s 20 budget of n4. Country fact sheet on food and agriculture policy trends pdf.
On fiscal policy the minister said it created additional fiscal space for sustainable budget expenditures and enhance efficiency in tax administration, compliance and increase tax revenue. Please find below a list of comprehensive budget statements spanning 1998 through to 2018. The 2019 budget statement and economic policy is under the theme a stronger. This report has been prepared pursuant to article 2286 of the constitution of kenya, 2010. The budget statement and economic policy of the government of ghana for the financial year. Budget the economy the 20 budget was based on the ghana shared growth and development agenda gsgda. April 2009 budget, setting out expenditure savings of 1. On the back of previous years budget which emphasized improvement in production and revenue generation, the 2018 budget has been themed putting ghana back to work. In 2016, economic policy management in trinidad and tobago was negatively impacted by the lacklustre performance of the global economy and in particular. The collated draft budget is then sent to cabinet for approval. As you may recall, the 2012 budget was approved late, and so implementation occurred over a. Madam speaker, on 18thnovember, 2009, i presented to this house the second budget statement of the ndc government. Ghana 2019 budget commentary and tax highlights deloitte.
The budget highlights of the budget statement and economic policy of the government of ghana for the 2016 financial year presented to parliament on friday, th november 2015 by seth e. Speaker, this presentation is an abridged version of the 20 budget statement. The economy of ghana has a diverse and rich resource base, including the manufacturing and. This is in accordance with article 179 of the 1992 constitution. The budget timetable for the preparation of the 2002 budget was woefully truncated. These policies are contained in the 2015 budget read by the.
Budget 20 financial statement by the minister for finance. Highlights of 2016 budget statement ghana business news. The 20 budget statement touches on all these issues and more. Financial statement online financial statement pdf budget publications. In 2016 budget statement, tax expenditure was again taken away as a direct budget line, treating it as a mere memorandum item. Ghana 2019 budget commentary highlights of key tax policy proposals. The 2018 budget themed putting ghana back to work is informed by president akufoaddos coordinated programme for economic and social development policies which aims at creating a. Box mb 40 accra ghana the 2019 budget statement and economic policy of the government of ghana is also available on the internet at.
The agriculture, construction, aviation and solid mineral sectors will be the main drivers. Madam speaker, i beg to move that this august house approves the budget statement and economic policy of the government for the year ending 31st december 2012. Historical budget documents are available for reference purposes. The theme for the budget was transformational agenda. The budget statement and economic policy of the government of ghana for the 2016 financial year presented to parliament on friday, th november 2015 by seth e. The minister of finance, hon seth tekper, on tuesday, m arch 12th 2015, presented to the house of parliament the budget statement. The relative impacts of federal capital and recurrent. The budget highlights years on gh mobilising for ghanas future on the authority of his excellency nana addo dankwa akufoaddo president of the republic of ghana budget statement and economic. Box mb 40 accra ghana the 2015 budget statement and economic policy of the government of ghana is also available on the internet at. The files can also be accessed and downloaded from the widget. The 20 budget sets out to address critical issues such as expenditure management, revenue mobilisation, infrastructure development, capacity building within key sectors including oil and gas as well as agriculture modernisation. The budget highlights of the budget statement and economic policy of the government of ghana for the. In the appropriation bill for the 20 fiscal year, nigerias federal government is proposing a n4. Reporting oil and gas project was launched on 4th june 2009 at takoradi, western region, ghana by penplusbytes.
Ken oforiatta presented the 2017 budget statement and economic policy of the government of ghana the budget to parliament. Ghana issues 2017 budget statement and economic policy. Ghanas minister of finance, ken oforiatta, presented the 2018 budget statement and economic policy to parliament on wednesday, 15 november 2017. In our opinion, the yearonyear increase in the 20 budget, though significant, remains relatively. Terkper minister for finance on the authority of his excellency president john dramani mahama. Public expenditure management country assessment and action plan aap ghana prepared by the staff of the world bank and the imf in collaboration with the ghanaian authorities1 may 28, 2004 1 the hipc aap mission took place between february 1625, 2004 and comprised marcelo andrade head, world. Preamble ghanas minister for finance, ken oforiatta, presented the 2017 budget statement and economic policy to parliament on thursday, 2 march, 2017. This was the first budget presented by the minister since the current government assumed power on 7. Government aims for tighter fiscal management in 20. The budget statement and economic policy of the government of. However, the proportion of the national budget that goes to direct nutrition interventions is not evident in the budget.
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