• About
  • Advertise
  • Privacy & Policy
  • Contact
JoyNewsRoom
  • Home
  • News
  • Entertainment
    Big Brother will return next year on ITV2 and online

    Big Brother will return next year on ITV2 and online

    PICTURES: Lil Win ties the knot in beautiful traditional ceremony

    PICTURES: Lil Win ties the knot in beautiful traditional ceremony

    Jackie Mensah: I used to prank call Yvonne Nelson when I was seven

    Jackie Mensah: I used to prank call Yvonne Nelson when I was seven

    I didn’t go to the VGMAs because I’ve been busy promoting my album – Kwesi Arthur

    I didn’t go to the VGMAs because I’ve been busy promoting my album – Kwesi Arthur

    VIDEO: Rihanna to launch Fenty beauty products in Africa

    VIDEO: Rihanna to launch Fenty beauty products in Africa

    VGMA Artiste of the Year win is a dream come true–KiDi 

    VGMA Artiste of the Year win is a dream come true–KiDi 

  • Politics
  • Local
  • Sports
  • World
No Result
View All Result
  • Home
  • News
  • Entertainment
    Big Brother will return next year on ITV2 and online

    Big Brother will return next year on ITV2 and online

    PICTURES: Lil Win ties the knot in beautiful traditional ceremony

    PICTURES: Lil Win ties the knot in beautiful traditional ceremony

    Jackie Mensah: I used to prank call Yvonne Nelson when I was seven

    Jackie Mensah: I used to prank call Yvonne Nelson when I was seven

    I didn’t go to the VGMAs because I’ve been busy promoting my album – Kwesi Arthur

    I didn’t go to the VGMAs because I’ve been busy promoting my album – Kwesi Arthur

    VIDEO: Rihanna to launch Fenty beauty products in Africa

    VIDEO: Rihanna to launch Fenty beauty products in Africa

    VGMA Artiste of the Year win is a dream come true–KiDi 

    VGMA Artiste of the Year win is a dream come true–KiDi 

  • Politics
  • Local
  • Sports
  • World
No Result
View All Result
JoyNewsRoom
No Result
View All Result

Why Ghanaians laughed at Akufo-Addo’s 2019 budget even before it is drawn

Source: myjoyonline.com

JoyNewsRoom by JoyNewsRoom
September 29, 2018
in News
0
Why Ghanaians laughed at Akufo-Addo’s 2019 budget even before it is drawn
0
SHARES
93
VIEWS
Share on FacebookShare on Twitter

A Joy News Forum on the 2019 budget drew a laughter from the audience after they found, 98.5% of all the taxes collected are used to pay salaries.

The laughter left an aftertaste of misery because it became clear, government has peanuts left for its grand plans.

What can a government do with 1.5% of its total tax revenue? What are its options for funding? What can a government do to improve the lives of ordinary Ghanaians with 1.5% of its revenue left for everything else? And what do you prioritise?

In a UNICEF sponsored discussion at the Alisa Hotel, Joy FM’s Ghana Connect assembled Economist  and lecturer of University of Ghana Associate Professor Eric Osei Assibey, President of think-tank IMANI Ghana Franklin Cudjoe and a Technical advisor, Dr. Kwadwo Mensah Abrampah who is at the Ministry of Planning and Florence Ayisi Quartey from the Ministry of Gender and Social Protection.

After the laughter died down however, Franklin Cudjoe did not find government was worth any sympathy. If there is so little money, why is the government keeping as many as a 110 ministers, he repeated his criticism of the largest government in Ghana’s history.

The policy expert recommended the scrapping of the Ministry for Special Development Initiatives headquartered at the presidency on a 3bn cedi budget.

He dismissed the government’s justification for creating extra bureaucratic layers in the form of three Development Authorities and also condemned as needless, government throwing money into the creation of six new regions.

The problem of budgetary constraints, he said is down to a fat powerful central government that wastes public money on itself.

Economist Dr. Eric Osei Assibey complained government is not targeting the poor enough and rather simply allocates funds to its various departments

Technical advisor, Dr. Kwadwo Mensah Abrampah who is at the Ministry of Planning pointed out, Ghana can address inequality by focusing on an interesting feature of the country’s demographic which is the youth. Ghana has a young age structure, with approximately 57% of the population under the age of 25..

“The structure of our population is even telling us that we need to do something about education and skills development”, he said. If government fails to invest in this bulging structure, the inequality will only widen.

 

Technical advisor, Dr. Kwadwo Mensah Abrampah who is at the Ministry of Planning.

Economist  and lecturer of University of Ghana Associate Professor Eric Osei Assibey

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
Previous Post

Exim Bank Deputy CEO resigns to take up a new job as Judicial Secretary.

Next Post

Prof. Kwamena Ahwoi endorses Mahama for 2020

JoyNewsRoom

JoyNewsRoom

Next Post
We won’t allow chop chop of campaign money again – Mahama

Prof. Kwamena Ahwoi endorses Mahama for 2020

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT
  • Trending
  • Comments
  • Latest
We will abolish Free SHS completely- General Mosquito.

We will abolish Free SHS completely- General Mosquito.

October 2, 2018
Felix Ofosu Kwakye’s Properties Auctioned.

Felix Ofosu Kwakye’s Properties Auctioned.

April 18, 2019
2016 Defeat: Aseidu Nketia and Co looted campaign funds- Mahama

2016 Defeat: Aseidu Nketia and Co looted campaign funds- Mahama

September 26, 2018
Fallouts from NDC Demo: Joshua Akamba and Sammy Gyamfi in near blows over GHc 300k Demo cash.

Fallouts from NDC Demo: Joshua Akamba and Sammy Gyamfi in near blows over GHc 300k Demo cash.

January 11, 2020
NPP will have a difficult time marketing any other candidate besides Dr. Bawumia in 2024

NPP will have a difficult time marketing any other candidate besides Dr. Bawumia in 2024

1
Bawumia acts as President as Akufo-Addo embarks on 10-day working visit to France, Guyana, Belgium, Germany, UK

Bawumia acts as President as Akufo-Addo embarks on 10-day working visit to France, Guyana, Belgium, Germany, UK

1
NABCO Outlines Exit Plan for the Remaining 67,657 trainees to MPs

NABCO Outlines Exit Plan for the Remaining 67,657 trainees to MPs

1
I haven’t endorsed any NDC candidate; Rawlings fumes

I haven’t endorsed any NDC candidate; Rawlings fumes

0
Spartans for NPP Inaugurates it’s National Executives.

Spartans for NPP Inaugurates it’s National Executives.

March 28, 2023
INAUGURATION AND INDUCTION CEREMONY FOR SPARTANS FOR NPP

INAUGURATION AND INDUCTION CEREMONY FOR SPARTANS FOR NPP

March 20, 2023
BREAKING News: Akufo-Addo Officially Releases New Ministers, Deputy Ministers

BREAKING News: Akufo-Addo Officially Releases New Ministers, Deputy Ministers

February 7, 2023
Aseidu Nketia wins NDC chairmanship race.

Aseidu Nketia beats Ofosu in a landslide victory.

December 18, 2022

Recent News

Spartans for NPP Inaugurates it’s National Executives.

Spartans for NPP Inaugurates it’s National Executives.

March 28, 2023
INAUGURATION AND INDUCTION CEREMONY FOR SPARTANS FOR NPP

INAUGURATION AND INDUCTION CEREMONY FOR SPARTANS FOR NPP

March 20, 2023
BREAKING News: Akufo-Addo Officially Releases New Ministers, Deputy Ministers

BREAKING News: Akufo-Addo Officially Releases New Ministers, Deputy Ministers

February 7, 2023
Aseidu Nketia wins NDC chairmanship race.

Aseidu Nketia beats Ofosu in a landslide victory.

December 18, 2022
JoyNewsRoom

Wherever, Whenever and However, we report to our readers exactly as it happens

Follow Us

Browse by Category

  • Business
  • Education
  • Entertainment
  • Featured
  • General
  • Health
  • Lifestyle
  • Local
  • News
  • Opinion
  • Politics
  • Sports
  • Uncategorized
  • World

Recent News

Spartans for NPP Inaugurates it’s National Executives.

Spartans for NPP Inaugurates it’s National Executives.

March 28, 2023
INAUGURATION AND INDUCTION CEREMONY FOR SPARTANS FOR NPP

INAUGURATION AND INDUCTION CEREMONY FOR SPARTANS FOR NPP

March 20, 2023
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2018 JoyNewsRoom Crafted by Creative Consult.

No Result
View All Result
  • Home
  • News
  • Entertainment
  • Politics
  • Local
  • Sports
  • World

© 2018 JoyNewsRoom Crafted by Creative Consult.

 

Loading Comments...