Ofori-Atta to presents 2021 Q1 budget statement to Parliament today


Finance Minister Ken Ofori-Atta is expected to present the government budget statement for the first quarter of the 2021 fiscal year to Parliament today, Wednesday October 28,2020.

He is expected to announce key statements including measures to revive the economy following the COVID-19 pandemic.

The Finance Minister will seek Parliament’s approval for Government to spend About 27 billion cedis as Expenditure Estimates for 1st Quarter of 2021 today.

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Should the governing New Patriotic Party win this year’s election, the government is expected to implement all the content of the budget statement as well as present the rest of the budget to cover the entire year.

He is also expected to react on Ghana’s debt after he earlier described the projections made by the International Monetary Fund (IMF) regarding the debt situation as merely statistical.

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He said the government of Ghana was not too concerned about the debt because attention was focused on spending the funds to protect Ghanaians against the outbreak of the coronavirus pandemic.





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