An Economist and Chartered Banker, Mr Prince Obiri Yeboah has advised Ghanaians to lower their expectations on the upcoming Mid-Year Budget Review expected to be delivered by the Minister of Finance and Economic Planning, Mr Ken Ofori Atta today, Monday 25, July 2022.
According to him, Ghanaians should be moderate in their demands from the government as the current economic indicators do not give too much leverage for the government to spend on infrastructural projects.
Ghanaians must allow the government to put in measures targeting stabilizing the economic challenges as any further deterioration of the cedi and continued inflation will have dire consequences on the economy.
The Minister of Finance, Mr Ken Ofori-Atta is expected to present the Mid-Year Review of the Budget Statement and Economic Policy of the Government of Ghana and Supplementary Estimates for the 2022 Financial Year.
The Finance Minister in his recent comment said Government’s transformation agenda is on course, described the implementation of the 2021 Budget as successful so far and pronounced that Ghana’s export hit USD 7.6 billion by June 2021.
He is expected to brief the house on how the negotiations with the IMF have gone so far, and a report on E-Levy when it was passed by parliament on1st May 2022.