We Don’t Need More Money, We’re Staying Within Appropriation Limits- Finance Minister
Most Ghanaians were anticipating the Finance Minister to ask for more money to spend in the remaining months of 2021, Mr. Ofori-Atta did no such thing.
He told Parliament that government will not spend beyond what was approved for it earlier in 2021.
“Mr. Speaker, this Mid-Year Fiscal Policy Review that I am presenting does not come with a supplementary budget, and our revised fiscal framework for 2021 is kept within the fiscal target of 9.5 percent of GDP. We are staying within the 2021 Appropriation.”
“I am not here today to ask for more money. I have not come to ask for more taxes. I have come to update the House on the performance of the economy for the first half-year of 2021 and our plans for the unexpired term of the year, consistent with section 28 of the PFM Act,” he said.