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Parliament proposes Nov. 15 for the 2024 Budget presentation

Joynewsroom by Joynewsroom
November 1, 2023
in Business, General, News
0
We’ll be swift with Ghana’s economic recovery – Ofori-Atta

Ken Ofori-Atta, Ministry of Finance for Ghana, gives an interview during day 3 of the AfDB Annual Meetings on 13 June 2019 in Malabo, Equatorial Guinea. (Photo by Malick Silue)

Parliament has proposed November 15, 2023, for the presentation of the 2024 Budget Statement and Economic Policy of the government.

Speaker Alban Sumana Kingsford Bagbin said on Tuesday, October 31, that in a few days, the House would host the Minister of Finance, Mr. Ken Ofori-Atta, to present the Budget Statement for the 2024 fiscal year.

“As our oversight responsibility requires, we will have to scrutinise the budget to ensure that it serves the needs of all Ghanaians,” he said in his welcome remarks.

This was during the First Sitting of the Third Meeting of the Third Session of the Eighth Parliament of the Fourth Republic.

“I believe this House will adopt a consultative and consensus-building approach throughout this process,” he added.

Speaker Bagbin said the House has demonstrated enough capacity and experience in budget approval deliberations, and the current one would be no different.

“But we urgently need to pass the Budget Bill before the House to enable us to engage more technical personnel to put Parliament in good stead to comply with the imperatives of recent legislation passed,” the Speaker said.

There are other urgent businesses Parliament has to deal with, including the Affirmative Action (Gender Equality) Bill, 2023, the Social Protection Bill, and the Ghana Investment Promotion Centre (Amendment) Bill.

Others are instruments such as the Representation of the People (Parliamentary Constituencies) (Amendments) Instrument, 2023; the District Electoral Areas and Designation of Units (Amendments) Regulations, 2023; and the Ghana Enterprises Agency (Classification of Micro, Small, and Medium Enterprises) Regulations, 2023.

The rest are the Tree Crop Regulation 2023, the Chartered Institute of Human Resources Management Regulations, Ghana Regulations, and the Companies Regulations 2023.

Tags: Economy
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