Ghana’s Parliament was adjourned till January 2, 2024, and Dr. Mohammed Amin Adam, the Finance Minister, did not deliver the eagerly awaited 2025 Mini-Budget before the current session ended.
In order to present a fiscal perspective for the future year, the Mini-Budget, which is required by the constitution, was supposed to cover important economic topics such revenue mobilization, spending priorities, and methods for fiscal consolidation prior to the new administration taking office.
Speaker Alban Bagbin adjourned the meeting because the presentation did not take place, despite the high expectations.
Dr. Cassiel Ato Forson, the minority leader, told reporters during the adjournment that he was disappointed that the finance minister had failed to fulfill this important responsibility.
“There is no cause for alarm ladies and gentlemen. Even though there will be no Finance Minister on the 7th of January 2025, the vice president can present to this House the Expenditure in Advance of Appropriation.”
Alexander Afenyo-Markin, the majority leader, blamed the Finance Minister’s failure to provide the 2025 mini budget on what he believes to be the lawlessness of the minority group.
However, he promised that when the house reconvenes on January 2, 2024, the Finance Minister will lay out the cost in advance of authorization.
Source: newsthemegh.com