• About Us
  • Contact Us
Account
GTB
  • Home
  • News
  • Premium
  • Business
  • Personal Finance
  • Lifestyle
    • Travel
    • Health
    • Retail/Fashion
  • Podcast
    • Business Chat
    • Retiring Richly
    • Sika Nkommo
  • Videos
  • Analysis/Features
No Result
View All Result
  • Home
  • News
  • Premium
  • Business
  • Personal Finance
  • Lifestyle
    • Travel
    • Health
    • Retail/Fashion
  • Podcast
    • Business Chat
    • Retiring Richly
    • Sika Nkommo
  • Videos
  • Analysis/Features
No Result
View All Result
Account
Ghana Talks Business
No Result
View All Result

Ghana’s Parliament approves GH¢6.37 billion supplementary budget

01/08/2019
Reading Time: 1 min read
parliament_of_ghana
405
SHARES
Share on FacebookShare on TwitterShare on WhatsApp

Ghana’s Parliament has approved Finance Minister’s request for GH¢6.37 billion as the supplementary budget for the 2019 fiscal year.

The Minister stated that government needs the funds to prosecute its planned programmes and initiatives for the second half of the year.

However, more than GH¢6 billion of the approved supplementary budget would go into servicing debts. Notable among them are the energy sector debts and interest payments.

Ghana’s supplementary budget will mean that government’s total expenditure for 2019 will exceed GH¢85 billion. This would widen the budget deficit further. The request has come as part of the mid-year budget review.

Parliament would also deliberate on the Minister’s request to increase certain taxes. They would additionally work to approve the withdrawal of the tax on luxury vehicles.

Previous Post

Nana Appiah Mensah bail condition not favourable – Menzgold

Next Post

COCOBOD signs MoU with Volcani Centre to fight swollen shoot disease

Related Posts

Levy on MoMo transactions, ghanatalksbusiness.com

2022 Budget: Why the levy on MoMo transactions

18/11/2021
2022 Budget, ghanatalksbusiness.com

Budget 2022 reading takes place today, what to watch out for

17/11/2021
2022 Budget, ghanatalksbusiness.com

What to expect in the mid-year budget review with Ken Ofori-Atta

26/07/2021
borrow

Covid-19: Will Gov’t of Ghana present new budget in Parliament by mid year?

01/04/2020
Ken_Ofori_Atta, budget 2020

Government to help Banks lend at discounted rates, according to Budget 2020

13/11/2019
Ghana's_debt_stock

Ken Ofori-Atta present 2019 mid-year budget review to Parliament today

29/07/2019
Next Post
Cocoa farmers pension scheme, ghanatalksbusiness.com

COCOBOD signs MoU with Volcani Centre to fight swollen shoot disease

pds

PDS finally reacts to the government's suspension

  • About Us
  • Disclaimer
  • Privacy Policy
  • Advertising
  • Contact Us

© 2021 Ghana Talks Business

No Result
View All Result
  • Home
  • News
  • Premium
  • Business
  • Personal Finance
  • Lifestyle
    • Travel
    • Health
    • Retail/Fashion
  • Podcast
    • Business Chat
    • Retiring Richly
    • Sika Nkommo
  • Videos
  • Analysis/Features
  • Login

© 2021 Ghana Talks Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In