Ghanas minister of finance, ken oforiatta, presented the 2018 budget statement and economic policy to parliament on wednesday, 15 november 2017. The budget statement and economic policy of the government. Youth budget watch contributing actively and positively to national development 0 p a g e. Highlights of 2016 budget statement ghana business news. The government budget balance, also alternatively referred to as general government balance, public budget balance, or public fiscal balance, is the overall difference between government revenues and spending. Ghana governments 2015 budget statement highlights news. The budget statement and economic policy of the government of ghana for the theme. Box mb 40 accra ghana the 2018 budget statement and economic policy of the government of ghana is also available on the internet at.
All budget statement are formatted in pdf, therefore you need adobe reader to. A national budget is an annual statement of a countrys expected revenue and expenditure. 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. This was the first budget presented by the minister since the current government assumed power on 7. A new pfm bill is being drafted to be passed into law in 2016 to provide a stronger regime for budget planning and formulation, execution and monitoring.
There is a successor plan for the next term gsgda ii. Budget statements 19982018 a budget is a plan for the near future detailing saving and spending expenditures. The budget statement and economic policy of the government of ghana for the 2019 financial year presented to parliament on thursday, 15th november 2018 by ken oforiatta minister for finance on the authority of his excellency nana addo dankwa akufoaddo, president of the republic of ghana theme. The evaluation team assessed what impact this process has had, utilising the enhanced evaluation framework for budget support, developed under the oecddacs seven country evaluation of budget support. Budget speech budget statement and economic policy of the government of ghana for the 2011 financial year presented to parliament on 18thnovember, 2010 by dr. It is my privilege to present the first budget of the administration of president zuma to this house. Statement and budget report june 2010 as laid before the. Budget implementation and economic development in delta statenigeria, 19912010 jonathan ojarikre oniore department of economics, faculty of humanities, social and management sciences, bingham. The 2015 budget statement and economic policy of the government and the citizens budget are available on the internet at. Budget implementation and economic development in delta.
Ghana budget 2016 budget statement and economic policy 2016 1. The challenges of budget implementation in nigeria, largest undergraduate projects repository, research works and materials. 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. General budget support in ghana has been provided since 2003 through a harmonised multidonor budget support arrangement. Download undergraduate projects topics and materials accounting, economics, education. August 2015 the economy is generally said to be nondiversified as it is highly oildependent in foreign earnings and government revenue. Statement of actual revenue as at end of june 2014 kshs. The present paper assesses the nutrition sensitivity of ghanas budget statement for the year ending 31 december 2014. Consolidating progress towards a brighter medium term, explained that the consolidation agenda hinges on governments commitment to promoting fiscal. Prior to that, intensive training for civil servants 2010, pilot. Speaker, it is a distinct privilege to present to this honourable house and to the people of trinidad and tobago the 2009 2010 budget. The budget highlights years on gh mobilising for ghanas future on the authority of his excellency nana addo dankwa akufoaddo president of the republic of ghana budget statement and economic. On 2 march 2017, the minister for finance and economic planning, mr.
In accordance with section 28 of the public financial. Ministry of finance public relations office new building, ground floor, room 001 and 003 p. Ghana national action plan for the implementation of the. The budget was presented at a time the world economy was recovering from the food, energy and financial crises that had engulfed the globe. The extent of the volatility of international oil prices between 2003 and 2010 for example, is reflected in table 3. Forecasting oil revenues for the 2015 ghana budget 3.
Ghana issues 2017 budget statement and economic policy. On the authority of the president, and in accordance with article 179 of the 1992 constitution, permit me to present to this august house, the budget statement and economic policy of the. I am confident that 20 budget will consolidate our recent macroeconomic performance, and lay the foundations for more inclusive growth and job creation. The john mahamaled administration has initiated a number of economic policies aimed at radically reversing the dismal ghanaian economy. Terkper minister for finance on the authority of h. Issues and challenges on budget performance by professor eddy omolehinwa department of accounting university of lagos. It is the most important tool that government uses to translate development aspirations of the nation into reality.
Growth and stability the budget statement and economic policy for fiscal year 2010 introduction 1. Financial statement ministers speech online pdf download. On fiscal policy the minister said it created additional fiscal space for sustainable budget expenditures and enhance efficiency in tax administration, compliance and increase tax revenue. An analysis of the proposed federal government budget of 2010.
Joint evaluation of multidonor budget support to ghana. Kwabena duffuor minister of finance and economic planning on the authority of h. To purchase copies of the statement, please contact the public relations office of the ministry. Guide to transparency in government budget reports. This page provides ghana government budget actual values, historical data, forecast, chart, statistics, economic calendar and news. Public expenditure management country assessment and action plan aap ghana prepared by the staff of the world bank and the imf in collaboration with the ghanaian authorities1 may 28, 2004 1 the hipc aap mission took place between february 1625, 2004 and comprised marcelo andrade head, world. Copy of economic and fiscal strategy report and financial. Madam speaker, it is my duty once again, to present to this august house and to the people of ghana the 2010 budget statement and economic policy on behalf of his excellency, president john evans atta mills. Highlights of 2016 budget statements and fiscal policy of the government as presented by mr seth terkper, minister of finance and economic planning on friday. We perused the budget in its entirety, examining allocations to various sectors with the goal of identifying support for direct nutrition interventions.
Also the health sector analysis reveals that health expenditure as a percentage of a number of budget indicators such as gdp, total payments. We projected that growth this year would be just 1. Ken oforiatta presented the 2017 budget statement and economic policy of the government of ghana the budget to parliament. Be it resolved that the estimates of expenditure for the year 2010 be approved. Whereas it is necessary to provide for the state of grenada for the year 2010 by means of an appropriation act. This report has been prepared pursuant to article 2286 of the constitution of kenya, 2010 requiring the controller of budget to submit to parliament a report on the implementation of the budgets of. Summary of 2010 budget measures policy changes online pdf download. Budget highlights budget statement and economic policy of the government of ghana for the 2018. Sowing the seeds for growth and jobs presented to parliament on thursday, 2nd march, 2017 by ken oforiatta minister for finance years on gh mobilising for ghanas future on the authority of his excellency nana addo dankwa akufoaddo.
Nutrition sensitivity of the 2014 budget statement of. The budget statement and economic policy of the government of ghana for the financial year. It consists of a list of all planned expenses and revenues. The states are asked to decide whether they are of the opinion. On the back of previous years budget which emphasized improvement in production and revenue generation, the 2018 budget has been themed putting ghana back to work. Every county must set up a county budget and economic forum cbef to facilitate consultation on county plans and. Budget statement 20102011, budget statement, tongan, budget statement. Budget statement and economic policy for the 2015 financial year. Th is is the second budget of this administration in which we continue to implement a progressive programme of development intended to improve the quality of life of our nations.
The prebudget statement often called the fiscal strategy paper, the budget strategy document, or. Speaker, i beg to move the following motion standing in my name. Assessment of the mtef in ghana john short reprim, uk overseas development institute london may 2003 this study forms part of a multicountry study assessing the design and application of the medium. Ministry of finance 2015 citizens budget an abridged and simplified version of the 2015 budget statement and economic policy. 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. A budget out of tune with its own stated intentionwhile the general statement of intention of the 2010 as proposed is aimed at addressing the past problems of budgetting in nigeria, a careful scrutiny of the proposed budget reveals that much of the problems of. Budget the economy the 20 budget was based on the ghana shared growth and development agenda gsgda. A government budget is a financial statement presenting the governments proposed revenues and spending for a financial year. Counties across kenya are required by the 2010 constitution and the public finance management act 2012 to create mechanisms for public participation in the county budget process. An analysis of the proposed federal government budget of. Budget 2010 documents published on 9th of december 2009 are available below. Ghanap 25 2010 3 as a government, we are committed to the effective implementation of the ghana national action plan on united nations security council resolution 25 on women peace and security and assure all of our leadership in this process. Pwc 2018 budget highlights 2 i n a bid to consolidate the ghanaian economys path to macroeconomic stability and to boost the productive sectors of the economy, the 2018 budget statement the budget of government of ghana has the theme from stabilisation to growth.