THE PRESENTATION OF THE MID-YEAR BUDGET REVIEW BY THE FINANCE MINISTER IS SET FOR TOMORROW.

Minister of Finance, Ken Ofori-Atta serving on the ticket of the NPP will present the 2021 Mid-year budget review tomorrow , God willing, 29th July, 2021 to Parliament. This is in conformance to Section 28 of the JULY Public Financial Management Act, 2016 (Act 921).

The Finance Minister, Hon Ken Ofosu-Attah

Under the PFM Act, the Minister for Finance is expected to present the Mid-year Review to Parliament not later than 31st July of each financial year and this year’s presentation is scheduled for Thursday 29th July 2021.
According to the ministry, the presentation is aimed at contributing to the performance of the economy for the first half of 2021 as well as giving a hint on the implementation of major governmental programmes.

The Finance Minister is set to deliver the mid-year budget.

Employment and job creation for Ghanaians is also another factor targeted at by the ruling party using the presentation as a channel.
The ministry said the Mid-year review would also illuminate the status of the implementation of the Ghana CARES “Obaatanpå’ Programme which seeks to transform the economy to pre-pandemic times.

“The review is also expected to concentrate on revenue, expenditure, and financing performance for the first half of 2021 and provide an overview of the implementation of the 2021 Budget,” the ministry added. The ministry also disclosed that the Mid-year review is also stipulated to touch on the assurance of government on securing Covid-19 vaccines for vaccination and effective domestic revenue mobilization initiatives.

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