Mid-year budget: We will not be seeking a supplementary budget – Finance Minister

Finance Minister Ken Ofori-Atta has told Parliament that the government will not be requiring a supplementary budget in the mid-year budget.

He said this while presenting the kid year budget review in parliament on Monday, July 31.

“We will not require a supplementary budget,” he said.

In the area of stemming inflation, he told Parliament that to be able to do that it will require cooperation between fiscal and monetary policies.

He further told Parliament that despite the economic challenges that the country faces, the government of President Nana Addo Dankwa Akufo-Addo has kept the lights on for both domestic and commercial uses.

LEARN AND TRADE FOREX WITH GOLIGFX WATCH THE VIDEO BELOW:

“We have managed to keep the lights in spite of the challenges, to enable business and households to function,” he said.

He further acknowledged the contributions that Ghanaians made to ensure economic recovery following the outbreak of Covid and the war in Ukraine.

“We thank Ghanaians for their patience and understanding and for contributing to the efforts to weather the storm,” he said.

He further noted that the government has turned the corner relative to the economic challenges and assured that the government would continue in that trend.

Source:3news.com