The ruling government through the Finance Minister has written to the Speaker of Parliament, Alban Bagbin indicating some modifications to the 2022 budget.
“On the behalf of the President, I have written to the Rt. Honourable Speaker of Parliament with details of modifications in response to emerging concerns by all stakeholders including the Minority Caucus".
In the letter addressed to the Speaker, the Finance Minister said: “After consulting with the President and also to respect his wish that these modifications address the concerns of the Minority Caucus and various other stakeholders, whilst ensuring that a deficit target of 7.4% and a positive primary balance be maintained in view of the nation’s determination to reduce our debt levels, raise adequate revenue to promote youth employment, build infrastructure ( especially our roads) and fund other government obligations, including the flagship programmes”.
Even though the budget has already been approved by the Majority Caucus, the Finance Minister claims the revisions made are in fulfillment of a promise made “to respond to the concerns of the Minority after further consultations with stakeholders, which I have now done”.
Details of the modifications include:
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