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Finance Minister Reads 2022 Budget Statement Today

The Finance Minister, Mr Ken Ofori Atta is expected to present the budget statement for the 2022 fiscal year in Parliament, today Wednesday November 17.

The budget is expected to outline job creation measures and efforts to support the teeming youth of this country.

Financial analysts including the Dean of the Business School at the University of Cape Coast, Professor John Gatsi, have said they expect to see tax alignments in the yet-to-be read budget statement for the 2022 fiscal year.

The Finance Minister Ken Ofori Atta is expected to read the budget in Parliament on Wednesday November 17.

“Tax alignment is the solution but as to whether the alignment will respond to the reality of the grounds is another thing. So definitely there will be tax alignment in the budget.

“The net effect of those alignment will be increase in taxes because you will want to achieve fiscal consolidation so that is expected.”

Meanwhile, the Minority in Parliament have threatened not to approve the budget if the Finance Minister Ken Ofori Atta fails to show how the 2021 budget was spent.

Member of Parliament for Asawase, Muntaka Mubarak, said it was necessary for the government to tell the people of this country how the previous budget was utilized.

Deputy Majority Leader, Alexander Afenyo-Markin, had said Parliament would start the debate on the budget from Monday, November 22, and conclude on Friday, November 26, 2021.

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