Members of Parliament Anticipate Mid-Year Budget Review on July 31: Sharing Their Expectations

Finance Minister Ken Ofori-Atta is set to engage with Members of Parliament in the coming days to gather their inputs for the mid-year budget review scheduled for July 31, 2023.

During the review, the Finance Minister will present the government’s fiscal plans for the remainder of the year, focusing on economic growth and sustainability. Members of Parliament have expressed their expectations for the review, hoping for tax reductions and consolidation, increased funding for education and the school feeding program, and measures to address the high youth unemployment rate and fertilizer shortage.

Richard Kwami Sefe, the Member of Parliament for Anlo, highlighted the negative impact of the fertilizer shortage on farming activities in his constituency, urging the government to intervene and address the rising costs.

On the other hand, Paul Twum Barimah, the Member of Parliament for Dormaa East, emphasized the need to avoid introducing new taxes, considering the strain on the economy, and urged a focus on managing the country’s economic situation.

The mid-year budget review serves as an opportunity to outline policies that will contribute to the country’s economic growth and alleviate the challenges it faces.

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