Connect with us

Hi, what are you looking for?

Ghana

Parliament Approves GH¢3.6b Mini Budget

The Appropriation Bill for the Supplementary Estimates of GH¢6,370,355,925.82 will be passed today when Parliament is expected to rise for its long recess.

Finance Minister Ken Ofori-Atta on Monday presented the mid-year review of the 2019 Budget Statement of the government and subsequently requested a supplementary budget of GH¢6.3 billion to take care of some exigencies, especially in the energy and transport sectors.

He said there was the urgent need for the supplementary estimates to address the growing legacy debt in the energy sector which was galloping as interests accumulate, as well as the need to pay some road contractors and to fund some important roads in the country.

Parliament unanimously approved of the supplementary estimates on Wednesday after heated debate by the Majority and the Minority on the mid-year review and the supplementary estimates.

Rounding off the debate on the estimates on Wednesday, the Minority Leader, Haruna Iddrisu, called on the government to publish the report of the audit conducted on all cocoa road contracts that were awarded under the Mahama administration, but halted after the New Patriotic Party (NPP) government took over power in January, 2017.

He said the NPP must be careful with the way it has been cancelling or terminating road contracts awarded under the previous National Democratic Congress (NDC) government so that the nation does not suffer from huge judgement debts.

The Minority leader also questioned what the government has been using the Road Fund for. He expressed regrets that with the existence of the Road Fund, government is still indebted to many road contractors in the country. He, therefore, urged the government to quickly pay arrears of contractors who find themselves in serious financial difficulties.

Advertisement. Scroll to continue reading.

Comments

0 comments

Trending

Advertisement

You May Also Like

Nigeria

Buhari said the plan was one of the proposals in the 2020 Finance Bill pending before the National Assembly. President Muhammadu Buhari has said...

politics

The Speaker of The House of Representatives, Femi Gbajabiamila has  stated that he would not approve the proposed 2021 budget if provisions are not...

politics

The Coalition of United Political Parties, CUPP, has on Friday, October 9 kicked against the idea of borrowing the sum of 4 trillion naira...

politics

President Muhammadu Buhari has on Thursday, October 8 presented the 2021 budget to the National Assembly at the National Assembly Complex, Abuja. Details of...

Ghanaian Actress Yvonne Nelson has dropped a Food for thought for her social Media users on Twitter.

According to the Actress, She is aware some peole marry for money, Kids, Passports and other thing thats matter to them but then she is wondering if people still marry for Love or the intelligence of their partners.

She then concluded asking is everyone has an agenda or purpose for why they marry. The Actress recently made several headlines when she dropped Photos of her and John Dumelo sharing a kiss, Ghanaians called her out to delete the Photo since John is now a Married man.

See her post below

A final year SHS student is currently making headlines after She got admitted to the Havard Medical School to study Medicine.

Francisca Lamini made several headlines last year during the National Science and Maths Quiz. She was the only female among Males to get to the semi finals.

The young Lady was hailed by a lot of people especially female activist in the country who vowed to support her become Successful. Months after the National Maths andd Science quiz and WASSCE, Fransica's dream has finally come through.

According to TV3 Presenter Berla Mundi, A group of Female CEO's have made it their aim to see Francisca successful thereby sponsoring and getting her admission into Havard.

Total
9
Share