The ruling government, through the Finance Minister, has written to Speaker of Parliament Alban Bagbin, requesting some changes to the budget for 2022.
“I have written to the Rt. Honourable Speaker of Parliament on behalf of the President with specifics of adjustments in response to emergent concerns from all stakeholders, including the Minority Caucus.”
“After consulting with the President and respecting his wish that these modifications address the concerns of the Minority Caucus and various other stakeholders, whilst ensuring that a deficit target of 7.4 percent and a positive primary balance be maintained in light of the nation’s determination to reduce our debt levels, raise adequate revenue to promote youth employment, build infrastructure (es),” the Finance Minister wrote in the letter to the Speaker.
Despite the fact that the Majority Caucus has already passed the budget, the Finance Minister argues that the adjustments are in fulfillment of a promise to “respond to the Minority’s concerns after further talks with stakeholders, which I have already done.”
The following are some of the modifications: