Accordingly, the budget is centered on accelerating. Republic of ghana the budget statement and economic policy. 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. Nutrition sensitivity of the 2014 budget statement of.
The 2018 budget themed putting ghana back to work is informed by president akufoaddos coordinated programme for economic and social development policies which aims at creating a conducive environment for the private sector to thrive, propel. The study evaluates budget deficit sustainability of ghana between 1960 and 2010 using the present value budget constraint approach. Full 2020 budget statement and economic policy the ghana. Budget the economy the 20 budget was based on the ghana shared growth and development agenda gsgda. Nov 15, 2018 the finance minister ken oforiatta is presenting the 2019 budget and economic policy in parliament in accordance with article 179 of the 1992 constitution today, thursday, 15 november 2018. The 2015 budget statement and economic policy of the government of ghana is also available on the. Ghana recorded a government budget deficit equal to 3. Box mb 40 accra ghana the 2017 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. Ministry of finance public relations office new building, ground floor, room 001 and 003 p. There is a successor plan for the next term gsgda ii. Bank of ghana stands pat in may amid greater upside risk to inflation. The budget statement and economic policy ghana news. A brighter future vii the 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. Table a7 ghana s balance of payments, 1996 1999 table a8 list of loans guaranteed by government in 1998 section 1 introduction 1.
The ghana report source reveals the budget is estimated to be over. The 2019 budget statement and economic policy is under the theme a stronger economy for jobs and prosperity. Ghana economy gdp, inflation, cpi and interest rate. Fund, statement at the conclusion of an imf mission to ghana, october 1, 2010. Ghana government budget 20042018 data 20192020 forecast. The budget statement and economic policy of the government of ghana for the financial year. News ghana is ghana s leading online news portal for business in west africa and around the world. F ull speech, budget 2009 statement minister of finance and economic planning, dr.
The budget was presented at a time the world economy was recovering from the food, energy and financial crises that had engulfed the globe. Securing the bright medium term prospects of the economy. Statement is set within the context of ghana beyond aid and the 2030 sustainable. It consists of a list of all planned expenses and revenues. To purchase copies of the statement, please contact the public relations office of the ministry. A positive value indicates a budget surplus, a negative value indicates a deficit. This page provides ghana government budget actual values, historical data, forecast, chart. Ghana budget balance in relation to gdp 2021 statista. Highlights of the 2006 budget statement news ghana.
Ghana economic outlook african development bank building. The budget was presented at a time the world economy was. Improvements in the macroeconomic environment were accompanied by expansion in domestic demand due to increased private consumption. Ken oforiatta, presented the 2019 budget statement and economic policy to parliament on thursday 15 november, 2018. The 2015 budget statement and economic policy of the government and the citizens budget are available on the internet at. 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 2018 budget statement and economic policy of the government of ghana is also available on the internet at. 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. Madam speaker, at this phase of our economic cycle we have selected as our theme for 2017. The theme for the budget was transformational agenda. Ghana governments 2015 budget statement highlights news ghana. Public relations office new building ground floor room 002 or 004 p.
On november 18th 2009, the minister of finance and economic planning presented the 2010 budget statement and economic policy to parliament on behalf of the president as required by the constitution of ghana. Budget 2011 documents published on 7th of december 2010 are available below. Right honourable speaker, honourable members of parliament, on the authority. The information is based on inputs from all mdas, general public and other sources. By applying annual time series data, the adf and pp tests for. May 05, 2020 the statistic shows ghana s budget balance in relation to gdp between 2009 and 2018, with projections up until 2021. John dramani mahama president of the republic of ghana republic of ghana. The 2014 budget statement mentions that an action plan and youth law are slated for 2014. To purchase copies of the statement, please contact the public relations office of the ministry ministry of finance public relations office new building, ground floor, room 001 and 003 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.
Box mb 40 accra ghana the 2019 budget statement and economic policy of the government of ghana is also available on the internet at. On wednesday, november 19, 2014, the government of ghana presented to parliament the budget statement and economic policy for the 2015 financial year. 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. However, the proportion of the national budget that goes to direct nutrition interventions is not evident in the budget. As usual, the budget statement is guided by the framework provided by, and the. Evaluation of public financial management reform in burkina faso, ghana and malawi 20012010 final synthesis report 2012. House approves the budget statement and economic policy of the government for the year ending 31st december 2010. As a member of the commonwealth of nations, ghana is a signatory of the commonwealth plan of action for youth empowerment paye 20062015. Speaker, i beg to move that this house approves the budget and economic policy statement for the year 1999 financial year.
The 2010 budget statement and economic policy of the government is also available on the internet at. Allocations to relevant nutritionsensitive sectors are very low nov 15, 2015 ghana budget 2016 budget statement and economic policy 2016 1. Budget statements 19982018 a budget is a plan for the near future detailing saving and spending expenditures. Spending wisely inner international budget partnership. The minister of finance and economic planning, mr ken oforiatta has presented the 2018 budget statement and economic policy to parliament. Republic of ghana budget statement and economic policy of the government of ghana for the 2005 financial year presented to parliament on thursday, 24th february, 2005 by kwadwo baahwiredu, m. Macroeconomic performance and outlook ghanas economy continued to expand in 2019, with real gdp growth estimated at 7. The finance minister ken oforiatta is presenting the 2019 budget and economic policy in parliament in accordance with article 179 of the 1992 constitution today, thursday, 15 november 2018. Pdf consequential effects of budget deficit on economic. In contrast, sierra leone, which joined obs in 2012, improved its score from 39 in 2012 to 52 in 2015. Minister of finance and economic planning on the authority of his excellency john agyekum kufuor president of the republic of ghana 1. Table a7 ghanas balance of payments, 1996 1999 table a8 list of loans guaranteed by government in 1998 section 1 introduction 1. Terkper minister for finance on the authority of h. Financial statement ministers speech online pdf download summary of 2011 budget measures policy changes pdf.