The Minister of Finance, Seth Terkper, has laid government’s advanced budget for the first quarter of 2017 in Parliament.
According to Starr News’ Parliamentary Correspondent, Kobby Gomez-Mensah, the paper has been referred to the Finance Committee of Parliament and it is expected to submit its report on the estimates to the House after it has finished with its work.
The budget presentation has become necessary because of the December 7 polls and the need to prevent overspending in case of a transition in government.
There is, however, the possibility from now till next Friday for the Finance Minister to outline the government’s projected revenue and expenditure between January and March 2017.
The finance minister in July this year sought approval from parliament to spend an additional 1.8 billion Cedis for the remaining of 2016.
A Freelance Journalist, Entrepreneur and Philanthropist. Editor-in-Chief of www.233times.com. A contributory writer for Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. He holds first degree in Bachelor of Arts from the University of Ghana; Political Science (major) and History (minor). He has also pursued MSc Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) at the Robert Gordon University in the United Kingdom. His mentors are Rupert Murdoch, Warren Buffet, Sam Jonah, Kwaku Sakyi Addo and Piers Morganview all posts by: Nana Kwesi Coomson
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