Government Reschedules Mid-year Budget Review To July 25 Due To IMF Engagements
The Minister of Finance, Ken Ofori-Atta was scheduled to present the mid-year fiscal policy review to Parliament on Wednesday, July 13, 2022. Still, in an interview with the Parliamentary Press Corps, Deputy Finance Minister, Abena Osei-Asare said the engagement with the IMF has necessitated the date change.
Still, the government won’t flout the law even with the date change.
Government is expected to ask Parliament to re-schedule the mid-year budget review presentation to Monday, July 25.
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.
Ghana, Africa’s second-biggest cocoa and gold producer, this month abandoned a policy decision not to seek assistance from the IMF and said it would ask the multilateral lender for as much as $1.5 billion to shore up its finances.
An IMF delegation arrived in the country on July 6.