Finance Minister to present 2020 Budget Statement on Wednesday


Mr Ken Ofori-Atta, the Minister of Finance, will on Wednesday, November 13, lay before Parliament the 2020 Budget Statement and Economic Policy of Government, on behalf of the President.

This is in line with Article 179 of the 1992 Constitution and section 21 of the Public Financial Management Act, 2016 (Act 921).

A statement issued by the Public Relations Unit of the Ministry of Finance, and copied to the Ghana News Agency, said the 2020 Budget would ‘focus primarily on consolidating gains made by government through its prudent economic management over the three year period since assuming

Some of these gains include, Job Creation, Improvements in Educational Enrolment at the Senior High School (SHS) level through the Free Senior High School Programme, Infrastructure Development and Food Security.

It would also highlight Ghana’s Fiscal Performance between January and
September 2019 and the Fiscal Strategy for 2020.

Additionally, the annual budget would announce policies to secure the macro-economic gains achieved to propel the economic transformation of Ghana.

The highlights would include Road Rehabilitation and Construction, Government Priority Programmes and the Funding of the African Continental Free Trade Area (AfCFTA) Secretariat in Accra.

This would be the third Budget to be implemented by the Akufo- Addo-led Administration, which was sworn into office on 7th January 2017.

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