The maiden Budget Statement of the Akufo-Addo government will be unveiled in Parliament today, March 2, 2017.
It will be the Minister of Finance Ken Ofori-Atta’s first major outing as he outlines government policies and strategies to salvage what his government has described as “the ailing economy” inherited from the Mahama administration.
President Akufo-Addo has served notice the budget has the magic wand to restore hope.
“We are going to fix it. We have outlined a number of prudent policies and measures which are contained in our first budget to be read on the 2nd of March,” Nana Addo told the Ghanaian community in Banjul on February 18, 2017.
These policy initiatives and measures, amongst others, the President noted will ensure that the private sector is strengthened and flourishes, adding that “it is only when the private sector flourishes that we can create the high numbers of jobs required by the teeming masses of Ghanaian youth. When the private sector flourishes, then we will be on the sure path towards progress and prosperity for all Ghanaians.”
It is for this reason that President Akufo-Addo reiterated his belief that his government will revive the Ghanaian economy, adding that “we are going to get our economy going again, and get enterprises in our country to be more competitive, so that they can begin to employ more and more people.”
Mr. Ofori-Atta had also hinted the budget is aimed at creating jobs as Ghanaians anxiously wait for some tax reforms.
Www. Adomonline.com will bring you a live update of the Budget Statement delivery.