of the Government of Ghana for the 2021 FINANCIAL YEAR PRESENTED TO PARLIAMENT ON FRIDAY, 12TH MARCH, 2021 BY HON. 4. Main budget revenue is projected to be R1.35 trillion, or 25.3 per cent as a share of Gross Domestic Product (GDP) in 2021/22. Most Ghanaians don’t know how their taxes are used – Afrobarometer ... Full document: SEND Ghana unpacks 2021 Budget. Minister of Finance, Ken Ofori-Atta on Wednesday, October 28, 2020, presented to Ghana's Parliament the 2021 budget for the first quarter. The 2018-2021 Budget Preparation Guideline has been developed to provide instructions on the procedures and constraints within which government institutions that require resources from public funds, will prepare their budget estimates for 2018 to 2021, to correspond to the plan period. 2 0 obj BUDGET HIGHLIGHTS of the Government of Ghana for the 2020 FINANCIAL YEAR PRESENTED TO PARLIAMENT ON WEDNESDAY, 13TH NOVEMBER 2019 BY KEN OFORI-ATTA MINISTER FOR FINANCE ON THE AUTHORITY OF HIS EXCELLENCY NANA ADDO DANKWA AKUFO-ADDO, PRESIDENT OF THE REPUBLIC OF GHANA THEME: “Consolidating the Gains for Growth, Jobs & Prosperity for all” Economic Revitalisation through Completion, Consolidation & Continuity. endobj Ministry of Finance Finance Drive, Accra. National Budget Statement 2021 presented by the Honourable Colm Imbert, MP, Minister of Finance in the House of Representatives on Monday 5th October, 2020. Main Menu. Moody’s keeps economy’s credit outlook at B3 negative, Ghana records US$2.7 billion Foreign Direct Investment in 2020 — GIPC, There are good opportunities in the oil sector, pursue them—Energy Economist encourages Kufuor Scholars, Develop a national hydrogen policy and roadmap — IES urges government, Inflation rate unchanged at 10.3% in March, Ghana still Lower-Middle income economy — Finance Ministry, Ghana hasn’t been downgraded to low income status – Finance Ministry, 49.5% of Ghana’s entire tax revenue will be spent on debt servicing in 2021 – Toma Amihere, UN to help Ghana resolve housing challenges. The Official Website of the Ministry of Finance and Economic Development of Zimbabwe. endobj The Budget Statement and Economic Policy of the Government of Ghana for the 2021 Financial Year was presented to Parliament on Friday, 12th March,2021 by Osei Kyei-Mensah-Bonsu, MP for Suame Constituency, Minister for Parliamentary Affairs, Majority Leader & Leader of … <> is issuing the pre-budget statement; this time for the fiscal year 2021. <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 595.25 842] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> 30 minutes ago, Spiritual marriage and family covenant, bane of marriages — ... 1st Feb. 2021). December, 2021. Highlights of The 2021 Budget Statement and Economic Policy planned to decline further to 51% in 2021. Highlights of 2021 Budget Statement Securities and Exchanges Commission requires GH¢5.5 billion to settle investors 2021 Budget: 'Trotro and taxis' to enjoy tax reliefs half of 2021, conditional on continued policy support and successful rollout of COVID-19 vaccines. ��A��%��ɽ��_��{� I?��o�{���{ XN��5�ZP���:]�]���ڰ�;�6�����;��ó�.Ӈ_´0Nr�I��Cֻ�ծ90�=G�� FC� The 2021 Budget Statement is under the theme: “Economic Revitalisation, through Completion, Consolidation and Continuity”. the President, and in accordance with Articles 179 and 180 of the 1992 Constitution, permit me to present to this august House, the Budget of the President of the Republic of Ghana. the 2020 Budget Statement and Economic Policy (“the Budget”), which was presented to Parliament by Hon. We are located at the 4th Floor, Block E, New Government Complex, Corner Samora Machel and Fourth Street, Harare, Zimbabwe. <> Prospects for 2021 look more positive, and the January update of the IMF’s World Economic Outlook projects a rebound in the global economy from the 3.5 percent contraction in 2020 to a 5.5 percent growth in 2021, amid uncertainties. Osei Kyei Mensah-Bonsu, MP, presented the 2021 Budget Statement on 12 March 2021 with the theme “Consolidation, Completion and Continuation Budget”. On Friday, March 12, 2021, the representative of the Finance Ministry, Osei Kyei Mensah-Bonsu, fulfilled the constitutional requirement of the office and presented the 2021 budget statement … Apr 4, 2021 Two teenagers arrested for alleged ‘money ritual’ murder at Kasoa Whatsup News Editor arrested in relation to extortion, false news – Police MEDIA RELEASE -ERRONEOUS AND MISLEADING EXPRESS ARTICLE ON THE 2021 BUDGET. 1 0 obj Parliament of Ghana Videos The Budget Statement and Economic Policy of the Government for the Year ending 31st December, 2021 Videos The Budget Statement and Economic Policy of the Government for the Year ending 31st December, 2021 Every on e percent of the GoG budget in 2021 equals GH ₵ 435 million; so if the 60% share achieved in 2017 had been maintained through to 2021, spending on social services would have been GH ₵ 3.9 billion, or 17% higher than planned, in 2021. FEATURED: Ghana's Debt To Gdp To Hit 86.6% By 2025 -Imf... BUDGET SPEECH of the Government of Ghana for the 2021 FINANCIAL YEAR PRESENTED TO PARLIAMENT ON FRIDAY, 12TH MARCH 2021 BY MR. OSEI KYEI-MENSAH-BONSU, MP-SUAME HON. About Ministry > History > MOF Strategy > Terms of reference of MOF > Sustainable Development > Structure > Branches > Minister CV > Government Payments Budget > Budget Statement 2021 > Budget performance reports for 2020 > Budget Statement 2020 > Budget Statement 2019 > Budget Statement 2018 > Budget Statement 2017 > General Budget > Budget Cycle E - … x��Zmo�6� �����i��� ~ɋ��Ncg]�&i?�m�l����(ɑbʲfE�"�{x���xb�����n~�H޽���7_n?������O�ٿ?n�������������?���������������9g #:�Th� ��{ߐ��^���=�2����ЏN��4#F[ %PDF-1.7 Catch up on the latest news videos from around the world. Highlights of the 2021 Expenditure in Advance Of Appropriation As required by the Public Financial Management Regulation, 2019, the Government of Ghana through the Minister for Finance is expected to present a three (3) month estimate of expenditure and revenue in advance of appropriation in a year characterised by a major general election. The Budget seeks to help government rebuild and strengthen public finances to provide the resources to protect lives and livelihoods of Ghanaians, deliver On the authority of H.E. Business News of Friday, 30 October 2020. Wednesday, March 10, 2021 PROPOSALS SUBMITTED TO THE MINISTRY OF FINANCE FOR CONSIDERATION INTO THE 2021 BUDGET STATEMENT AND ECONOMIC POLICY SEND GHANA, as has been the practice, went round the country to collate citizens' inputs and submitted them to the Ministry of Finance for consideration into the 2021 budget statement and Economic Policy. The Minister responsible for Finance, Hon. Ken Ofori-Atta, Ghana’s Finance Minister, on 13 November 2019. India’s Union Budget (2021-22)/ Finance Bill, 2021 has been presented by MoF Mrs. Nirmala Sitharaman in the Parliament, today (i.e. Budget Statement 2021 Resetting the Economy for Growth and Innovation Introduction Madam Speaker, I rise with a deep sense of humility to present the sixth Budget of this PNM Administration, for the financial year 2020/2021. budget speech of the government of ghana for the 2021 financial year presented to parliament on friday, 12th march 2021 by mr.osei kyei-mensah-bonsu, mp-suame hon. 2021 Budget Highlights The Caretaker Finance Minister, Hon. Finance Minister presents 2021 Expenditure in Advance of Appropriation to Parliament 29-10-2020. This rises to R1.52 trillion in the outer year (2023/24) of the Medium‐Term Expenditure Framework (MTEF). Finance Minister, Ken Ofori-Atta on Wednesday, November 13 presented government’s Financial policy statement for the year 2020. Catch up with all the political quotes from our politicians. MINISTER FOR PARLIAMENTARY AFFAIRS AND LEADER OF GOVERNMENT BUSINESS ON THE AUTHORITY OF HIS EXCELLENCY NANA ADDO DANKWA AKUFO-ADDO, PRESIDENT OF THE REPUBLIC OF GHANA. Mr. Speaker, the Statement is an abridged version of the 2021 Budget It is also the 3. endobj 3. %���� 33 minutes ago, Dismissed police officer Derek Chauvin found guilty of Geor, Spiritual marriage and family covenant, bane of marriages —, You cannot easily quit after wedding; Choose engagement, liv, 80% of men beat women as a response to emotional abuse from, Breaking News: Mankessim Market currently on fire [Video], Unemployed man jailed 10 years for defilement, Court orders arrest of four for dodging trial, Galamsey activities real danger to Ghana's water bodies — Dr, No ID No Cash Out: Proxy withdrawal not allowed – MTN, AirtelTigo to transfer ownership to govt and say goodbye to, New taxes: Federation of Labour demands emergency tripartite. On 12 March 2021, Mr. Osei Kyei-Mensah-Bonsu, Honourable Minister for Parliamentary Affairs and the Leader of Government Business delivered the Government's 2021 Budget Statement against the background of the impact of the Covid-19 pandemic on the economy. mQ�a�tPHu02Eƪ5D�T�?0�P�J|�+l�q�S�����,��.`���Q��LA�9 ?\���''��C9�I��7�M�Ic+:⧴p[�]6�ӳg��ʦ�kM��[��:�`5_�Z�TI��]mI,�7u�P�,�B�:m��N�0��I)�4vmcE��|�>��A�5F����J���,��C��k[W���>���T��;C5����Je��Wk~�W�w�]wiG������ؗT%��BVW�� a�it����y��op��z�I2I�l�[��"Z��M�zA������ ��}���j¸��(o��3U��[Ƣ7� ��,zH@���\'����,$�:��A� ȉ�"!�29G�LFc Q/�d� �F)7��S��*Րl���E�Eb�oF�A��*"df�:jl�av�p_^]D�c�~a�>p�=p��_�2�F�> �N�@�#t��!dɇ�CdQ���{��ӝ�F'a��7@K�66C��zxl|�-�L�K@Y�t��'���s�O_�3�LF�)��g:�@?�q minister for parliamentary affairs and leader of government business on the authority of his excellency nana addo dankwa akufo-addo, president of the republic of ghana. Click to read the full Budget Statement and Economic Policy of the Government of Ghana for the 2020 Financial Year as presented to Parliament on … 2. Download PDF Copy of Budget 2021-22/ Finance Bill 2021. He is expected to announce key decisions including measures to resuscitate the economy following the coronavirus pandemic. Box M40, Accra - Ghana GA-144-2024 info@mofep.gov.gh Tel: +233 302-747-197 stream 2021-budget-statement. Click on the link below to download the full text of the 2021 Budget Statement and Economic Policy Speech: 2021 BUDGET STATEMENT AND ECONOMIC POLICY SPEECH, Dismissed police officer Derek Chauvin found guilty of Geor... 3 0 obj We are open for Business from 8:00hrs to 16:30hrs, every Monday to Friday except Public Holidays. October 5, 2020. This practice is part of the government’s policy to develop the budget preparation process, in the context of a comprehensive medium-term economic and fiscal framework and also to enhance transparency, fiscal disclosure and facilitate multi-year fiscal planning. Macroeconomic Targets and Outcomes for 2019 The targets set for 2019 as presented in the 2019 Budget and 2019 Mid-Year Review documents as follows: • Overall real GDP growth rate of … All trademarks and copyrights on this page are owned by their respective owners. The primary balance is expected to stabilise the growth of debt and promote debt sustainability.” (Budget Statement of Ghana, 2021 p. 55) With the aid of diagram(s), use the loanable funds framework to explain how the implementation of the above statement could impact private businesses in … +263 24 2794571-9 or email: feedback@zimtreasury.gov.zw. 2. By Ministry of Finance Media Release 2020, Budget 2021. 2. The Ghana Report source reveals the budget is estimated to be over ¢80 billion, it is also expected to cover the cost of government flagship programmes, including Free Senior High School and Planting for Foods and Jobs. ���s��M���s���G��:R(���]������x�׏Gr�>�s\�+��@���V��k�p4��X��3�ʠ�֫���%�b. P. O. Next year’s Budget implementation coincides with the 2020 elections and it is the first Budget Statement under the Fiscal Responsibility Act 2018 (Act 982). 4 0 obj Source: www.ghanaweb.com 2020-10-30 Key takeaways from Ofori-Atta’s 2021 budget statement for Ghana, as China and the Euro area account for about 20 percent and 30 percent of Ghana’s total trade, respectively. Finance Minister Ken Ofori-Atta is expected to present the government budget statement for the first quarter of the 2021 fiscal year to Parliament today, Wednesday, October 28. <>/Metadata 1724 0 R/ViewerPreferences 1725 0 R>> Economy following the coronavirus pandemic FRIDAY, 12TH MARCH, 2021 by HON... 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