• Sun. Sep 25th, 2022

Finance minister set to present the 2022 budget early today

The minister of finance Mr Ken Ofori Atta is set to present what is described as one of the anticipated budget statement in recent history of Ghana early today.

A cross section of interest groups including labour unions and business associations has been warning against expected removal of port current discounts and some selected goods ahead of the statement. 

The Chamber of pharmacy warned the prices of medicine will increase should government go ahead to scrap the 50% discount. 

Spare parts dealers association of Ghana of has also warn the government of similar consequences stating that there will be a 25% increment in prices if the government reviews the benchmark value.

There has also been talk of likely significant increase in road tolls as much as 100%. 

The GPRTU however said it will oppose if the finance minister makes it official. 

One thing is clear with ever expanding budget deficit post COVID economic malaise and their revenues, something will certainly give the 2022 budget to be presented later this morning. 

Leave a Reply

Your email address will not be published.