2008 budget statement of ghana pdf

This years budget statement, as has bee in the past, is guided by the policy issues and programmes announced by h. The lineitem budget, which is the most widely used of all budgeting systems, offers many advantages. He was a member of parliament in the parliament of ghana from january 1997 until his death on september 24, 2008. Speaker, the past seven years have witnessed sustained growth in the economy and positive changes in the lives of the people of ghana. The budget was presented at a time the world economy was recovering from the food, energy and financial crises that had engulfed the globe in 20072008. Budget 2011 documents published on 7th of december 2010 are available below. Budget statement and economic policy to parliament on behalf of the president as required by the constitution of ghana. The budget statement and economic policy ghana news. The budget statement and economic policy of the government. Ministry of finance and economic planning public relations office room 303 or 350 p. Madam speaker, it is with great pleasure and humility that i present to this august house the 2009 budget statement and economic policy of the national democratic congress ndc government on behalf of his excellency, president john evans atta mills. The policy document takes its source from national legal documents including the 1992 constitution of the republic of ghana. In addition, the ghana railway act, 2008 act 779 will.

Bank of ghana stands pat in may amid greater upside risk to inflation. Ghanas agricultural sector is characterized by low yields for both staple and cash crops. As it is commonly known, a budget is an instrument of government economic policy and a strategy to deal with a country. Kwadwo baahwiredu 1952 24 september 2008 was a ghanaian politician and a chartered accountant. The information is based on inputs from all mdas, general public and other sources. For copies of the statement, please contact the public relations office of the ministry. The budget statement and economic policy of the government of ghana for the financial year. Budget statements 19982018 a budget is a plan for the near future detailing saving and spending expenditures. On the financial sector, ghana has been undergoing a process of financial sector. The 2015 budget statement and economic policy of the government of. To purchase copies of the statement, please contact the public relations office of the ministry. The human capital index hci database provides data at the country level for each of the components of the human capital index as well as for the overall index, disaggregated by gender.

Ghana 2017 budget commentary and tax highlights 4 economy and. Ministry of finance public relations office new building, ground floor, room 001 and 003 p. Project success factors project success factors % of responses user involvement 15. Macroeconomic performance and outlook ghanas economy continued to expand in 2019, with real gdp growth estimated at 7. This report outlines the main highlights of the 2008 budget statement and. Ghana economic outlook african development bank building. It is comparatively easy to prepare and doesnt require sophisticated financial skills. On the back of previous years budget which emphasized improvement in production and revenue generation, the 2018 budget has.

Highlights of the 2006 budget statement news ghana. Ghana issues 2017 budget statement and economic policy. Allocations to relevant nutritionsensitive sectors are very low 2008 budget statement and economic policies of the government is based on the latest information available as at the end of september 2007 and projections up to the end of december 2007. This page provides ghana government budget actual values, historical data, forecast, chart. Madam speaker, in the 2008 budget statement and economic. This was the first budget presented by the minister since the current government assumed power on 7. The index measures the amount of human capital that a child born today can expect to attain by age 18, given the risks of poor health and poor education. Ghana the human capital index hci database provides data at the country level for each of the components of the human capital index as well as for the overall index, disaggregated by gender. Investing in a better ghana for copies of the statement, please contact the public relations office of the ministry. Ghana government budget 20042018 data 20192020 forecast. Madam speaker, i beg to move that this august house approves the budget statement and economic policy of the government for the year ending 31st december 2012. Pwc 2018 budget highlights 2 i n a bid to consolidate the ghanaian economys path to macroeconomic stability and to boost the productive sectors of the economy, the 2018 budget statement the budget of government of ghana has the theme from stabilisation to growth. Nutrition sensitivity of the 2014 budget statement of.

Terkper minister for finance on the authority of his excellency president john dramani mahama. Box mb 40 accra ghana the 2017 budget statement and economic policy of the government of ghana is also available on the internet at. Policy of the government of ghana, the following targets were set. Ghana treasury bills declined by 53 basis points to 9. The 2009 budget statement and economic policies of the government is also. The budget was presented at a time the world economy was recovering from the food, energy and financial crises that had engulfed the globe in 2007 2008. The theme for the budget was transformational agenda. There is an increased emphasis on budget transparency and comprehensiveness, particularly in the budget statement, and external scrutiny has been strengthened through more timely completion of the auditorgenerals reports. The road to budget transparency in ghana international budget.

Securing the bright medium term prospects of the economy. Ghanas minister of finance, ken oforiatta, presented the 2018 budget statement and economic policy to parliament on wednesday, 15 november 2017. News ghana is ghanas leading online news portal for business in west africa and around the world. Ministry of finance public relations office new building, ground floor, room 001003 p. Investing in a better ghana the economy this is the maiden budget of the new administration under the leadership of h. Ghana recorded a government budget deficit equal to 3. Also, the lineitem budget is straightforward, simple to administer, and readily understood by the city council, city employees, and citizens. Government has achieved this by continuing to maintain the broad policy. Ghanas budget is prepared according to the medium term expenditure framework. The 2017 budget statement and economic policy of the government of ghana is also available on the. It consists of a list of all planned expenses and revenues. House approves the budget statement and economic policy of the government for the year ending 31st december 2010. In 2016, economic policy management in trinidad and tobago was negatively impacted by the lacklustre performance of the global economy and in particular.

News ghana is ghana s leading online news portal for business in west africa and around the world. This report outlines the main highlights of the 2008 budget statement and economic policies of the government of ghana. The budget was underpinned by the vision outlined in the governments manifesto and is set on the platform of the 2008 performance of the. Partneringwofagric 2019 set to reverse the unsung hero8th annual preharvest conference and. The budget highlights of the budget statement and economic policy of the government of ghana for the 2016 financial year presented to parliament on friday, th november 2015 by seth e. The 2015 budget statement and economic policy of the government of ghana is also available on the internet at. Ghana economy gdp, inflation, cpi and interest rate. He served as a minister of state at different ministries under the kufuor government from 2001. The budget speech of the budget statement and economic policy of the government of ghana. Madam speaker, it is my duty once again, to present to this honourable house and to the people of ghana the 2010 budget statement and economic policy on behalf of his excellency, president john evans atta mills. Box mb 40 accra ghana the 2016 budget statement and economic policy of the government of ghana is also available on the internet at.

High growth momentum since 2017 has consistently placed ghana among africas 10 fastestgrowing economies. Ghana s gdp growth rate has also increased consistently over the last few years and it is estimated that the gdp growth rate for ghana would reach 7 percent by the end of 2008. Ken oforiatta presented the 2017 budget statement and economic policy of the government of ghana the budget to parliament. On 2 march 2017, the minister for finance and economic planning, mr. The files can also be accessed and downloaded from the widget. Preamble ghanas minister for finance, ken oforiatta, presented the 2017 budget statement and economic policy to parliament on thursday, 2 march, 2017. The 2018 budget statement is premised on consolidating the gains made during 2017 in stabilising the ghanaian economy and increasing. Speaker, i beg to move that this house approves the budget and economic policy statement for the 2000 financial year. F ull speech, budget 2009 statement minister of finance and economic planning, dr.

At its 15 may meeting, which was brought forward from 22 may due to the covid19 crisis, the monetary policy committee mpc of the bank of ghana bog opted to stand pat and keep the policy rate unchanged at 14. Since brexit, projected growth in the european union the global economy global energy markets. Allocations to relevant nutritionsensitive sectors are very low pdf download summary of 2011 budget measures policy changes pdf. Budget statement and economic policy for the 2015 financial year. The 2018 budget statement and economic policy of the government of ghana is also available on the internet at. Section 1 presents the performance and achievements under the implementation of 2007 budget while section 2 highlights the 2008 budget targets and outlook. Ghanas gdp growth rate has also increased consistently over the last few years and it is estimated that the gdp growth rate for ghana would reach 7 percent by the end of 2008. However, the proportion of the national budget that goes to direct nutrition interventions is not evident in the budget. Financial statement ministers speech online pdf download summary of 2011 budget measures policy changes pdf. Digital inclusion and mobile sector taxation in ghana gsma.