Minority describes mid-year review as empty; nothing to be proud of

Must Read

ABC News Ghana is an investigative media house that focuses on politics, sports and the economy. Our work is thoroughly researched, balanced and fair. Our vision is to become the most preferred indigenous news brand for men in West Africa.

The Minority in Parliament has described the 2020 mid-year budget review and supplementary estimate as empty and nothing to be proud of.

According to Ranking Member of Parliament’s Finance Committee, Cassiel Ato Forson, the Finance Minister instead of presenting a reviewed budget rather came to read “manifesto promises to Ghanaians.”

Speaking to the media moments after the mid-year budget on Thursday, July 23, 2020, the Ajumako-Enyan-Essiam MP questioned why a national platform will be used to make manifesto promises.

“The mid-year review is not for manifestos, it is for him to review the existing budget and not to come and read to us a new budget, what he has done is that he has actually introduced manifesto promises into the official document,” he said.

“There is nothing in this document for us to be proud of. And we in the minority want to serve notice that from Monday we are ready to debate this and subject it to the scrutiny that it deserves.”

“It has brought nothing but pain and hardship to the ordinary Ghanaian because there is nothing in this budget that will alleviate our suffering.”

Mr Forson also accused the NPP government of indiscriminate borrowing in the name of the COVID-19 pandemic saying despite the arbitrary loans government has taken, it cannot account for the utilisation of same.

“This administration has spent over ¢11.1 billion on coronavirus without accounting for it.”

“It is clear that they have increased the public debt. As of June 30, 2020, the public debt had risen from ¢120 billion to ¢255 billion and they are going to borrow additional ¢30 billion to increase the public debt to approximately ¢280 billion,” he stated.

Watch the video below:

SourceABC News

Submit your stories or articles to newsroom@abcnewsgh.com or Whatsapp them to +233 553620623

- Advertisement -


Latest News

Public hearing on anti-LGBTQ+ bill resumes today

The Constitutional, Legal and Parliamentary Affairs Committee of Parliament will today, Monday, November 29, 2021, resume its public hearing...

More Articles Like This

%d bloggers like this: