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. Outlining the policy initiatives, he said, we will eliminate nuisance taxes and provide tax incentives to. 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. Following launch of the zero hunger report during the summer of 2017, preparations for ghanas full csp will commence. Acronyms and abbreviations abfa annual budget funding amount aclp ascertainment and codification of customary law on land and family project acp african, caribbean and pacific.
May to october 2014 penplusbytes in partnership with financial accountability and transparency africa fatafrica with support from star ghana the government budget is a programbased budget crafted along various programs to be executed by the various ministries, departments and agencies. This page provides the latest reported value for ghana government budget value plus. News ghana is ghanas leading online news portal for business in west africa and around the world. Read the 2017 budget statement of ghana full textpdf. This report is a joint study between the centre for budget advocacy cba of the integrated social development centre and unicef ghana on the 2009 budget and its implications for women and children. The politics of ghanas budgetary system tony killick cddodi policy brief no. Today march 2, 2017, the minister of finance, ken ofori atta presented the governments budget statement to parliament. Performance and programmebased budgeting in africa a.
National budget the economy following the impressive gains chalked by the economy in 2011, due mainly to the commencement of oil production in commercial quantities at the end of 2010, the pace of the ghanaian economy moderated in 2012 largely on the back. Revenue projections government of ghana for the fiscal year 2017 presented its budget before parliament with a revenue projection of 44 billion as against 2016 fiscal year revenue project of 40 billion. The 2019 budget statement and economic policy is under the theme a stronger economy for jobs and prosperity. Ghana budget 2016 budget statement and economic policy 2016 1. The theme for the budget is putting ghana back to work. Pwc 2018 budget highlights 2 i n a bid to consolidate the ghanaian economys path to macroeconomic stability and to boost the productive sectors of the economy, the 2018 budget statement the budget of government of ghana has the theme from stabilisation to growth. Highlights of ghanas 2018 national budget the ghana press. Speaker, the theme for the 2018 budget is putting ghana back to work. This page provides ghana government budget actual values, historical data, forecast, chart. Ghanas minister of finance, ken oforiatta, presented the 2018 budget statement and economic policy to parliament on wednesday, 15 november 2017. It starts by setting out evidence on the workings of the present system and then asks why the revealed lar ge failings are tolerated. While this may take place in ghana, the imf appears to be concerned more with quarterly cash controls rather than the substance of the budget. This theme reflects the tools provided in the 2018 budget to energize the entreprenueral spirit within every ghanaian. And now the continent is faced with severe uncertainties about its growth prospects and the changes of reaching its development goals.
The files can also be accessed and downloaded from the widget. Ken oforiatta, ghana s finance minister, on november 2019. Ghana the 2017 budget statement and economic policy of the government of ghana is also available on the internet at. Today, government revenue projection for 2018 fiscal years has raised to51 billion. The budget statement and economic policy ghana news.
The 2017 budget statement and economic policy of the government of ghana is also available on the internet at. Kwabena duffuor minister of finance and economic planning on the authority of h. Budget deficit, excluding discrepancy as percentage of gdp. Budget speech budget statement and economic policy of the government of ghana for the 2011 financial year presented to parliament on 18thnovember, 2010 by dr.
Ghana government budget value 20122019 data 20202022. Ghana 2017 budget commentary and tax highlights 4 economy and sector al outlook for 2017 2016 economic performance t ax policy pr oposals. Ghana recorded a government budget deficit equal to 3. Highlights of 2016 budget statement ghana business news. We will eliminate nuisance taxes and provide tax incentives to the. Budget statements 19982018 a budget is a plan for the near future detailing saving and spending expenditures. Budget statement and economic policy to parliament on behalf of the president as required by the constitution of ghana. The finance minister, ken oforiatta, presented the 2017 budget statement to parliament earlier today thursday, march 2. Ahead of the 2018 budget presentation, on wednesday, the deputy minister for finance, mr kwaku kwarteng, says ghanaians should expect a budget that will improve the macroeconomic environment, for businesses to thrive. Ghanas fiscal performance in 2000 continued its poor performance of the recent past. A number of national, regional and international instruments make provision for securing the rights of women and children.
Overall summary 4 2015 budget highlights overall summary description actual 2014 target 2015 real gdp growth incl. Government of ghana budget statements various issues. Next years budget implementation coincides with the 2020 elections and it is the. Box mb 40, accra ghana the 20 budget statement and economic policy of the government is also available on the internet at. Kpmg in ghana we commend the governments commitment to fiscal rectitude as announced in the 2020 budget statement and economic policy the budget, which was presented to parliament by hon. Theme putting ghana back to work 1 key highlight of the 2018 budget statement and economic policy theme.
The budget, the first under the nana akufoaddo administration, has been dubbed the asempa budget by supporters and is aimed at cutting taxation and unleashing economic growth. Accra, gp minister of finance and economic planning ken oforiatta on wednesday presented the budget statement and economic policy for 2018 to parliament. Finance minister ken ofori atta is currently before parliament presenting the budget for the 2018 financial year. Parliament is set to listen to the finance minister, ken oforiatta deliver governments budget for 2018. Full text of 2020 budget statement by finance minister ken. Highlights of 2016 budget statements and fiscal policy of the government as presented by mr seth terkper, minister of finance and economic planning on friday. Ken oforiatta, presented the 2019 budget statement and economic policy to parliament on thursday 15 november, 2018. Find below downloadable documents on the 20 budget statement and economic policy of ghana. Accordingly, the budget is centered on accelerating. The 2018 budget statement and economic policy of the government of ghana is also available on the internet at. The 2009 budget and issues relating to women and children.
The budget highlights the removal of most of what the government of the new patriotic party npp considers nuisance taxes. Consolidating progress towards a brighter medium term, explained that the consolidation agenda hinges on governments commitment to promoting fiscal. Ghanas education sector experienced a provisional growth of 9. It consists of a list of all planned expenses and revenues. The budget was presented at a time the world economy was recovering from the food, energy and financial crises that had engulfed the globe in 20072008. Youth budget watch contributing actively and positively to national development 2 p a g e foreword we are pleased to present this publication youth budget watch, an analysis of the 2012 budget and youth development in ghana. Terkper minister for finance on the authority of h. There is no major strategic reorientation of the country programme for the interim period of the. It was themed putting ghana back to work is informed by president akufoaddos coordinated programme for economic and social development policies. On the back of previous years budget which emphasized improvement in production and revenue generation, the 2018 budget has. Ghana recorded a government budget deficit of 3582. Click to read the full budget statement and economic policy of the government of ghana for the 2020 financial year as presented to parliament on wednesday, th november 2019 by finance minister. Putting ghana to work macroeconomic perfor mance for 2017 overall real gdp as of june 7.
804 499 869 449 776 368 1289 62 1172 32 1288 713 1457 1317 437 934 1205 1537 1292 939 801 382 57 54 438 589 147 948 1180 1493 227 1081 630 1390 938 977 490 751 183 476 1131 613 933 769 1000 361