Mid-Year Budget presentation rescheduled to July 25

The Mid-Year Review of the Budget Statement and Economic Policy of Government and Supplementary Estimates for the 2022 Financial Year presentation to Parliament, has been rescheduled to Monday, July 25, 2022.

Mrs Abena Osei-Asare, Deputy Finance Minister, speaking to the Parliamentary Press Corps, said the change in date for the presentation of the Mid-Year Budget Review from Wednesday, July 13, as earlier announced to Monday, 25th July, was necessitated by the ongoing engagement between the Government of Ghana and the International Monetary Fund (IMF).

The Deputy Minister said the current mission of the IMF was data collection, just like doing an audit.

“So, clearly as humans as we are, we should all understand that in this data finding mission of the IMF, we need that space and time to address that and give them (the needed data), once we are done, July 25, we will come to Parliament and do the Mid-Year Budget Review,” she said.

She said per the Public Financial Management Law (Act 921), they have up to July 31 to present the mid-year review budget, so it was still within the law.

Source: GNA