15
Jan
The government will spend about GH¢119.621 billion on wages and salaries as well as interest payments in 2024. According to the 2024 Citizens Budget by the Finance Ministry, this will represent 52.7% of the expected total expenditure of about GH¢226.68 billion. The expenditure from these two main items is lower than what was recorded in 2023. About GH¢39.58 billion Grants to other Government Establishments is the third largest expenditure for this year. It is followed by Capital Expenditure of GH¢28.72 billion. Other expenditures constitute GH¢27.69 billion, whilst Goods and Services make up GH¢11.06 billion. The Total Expenditure for this year…