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The Minister of Finance, Ken Ofori-Atta will today present to Parliament the Budget Statement and Economic Policy of government for the 2020 fiscal year.

This is in accordance with Article 179 (1) of the 1992 Constitution, which enjoined the Finance Minister to present government's fiscal policy statement to Parliament.

This year's budget would be the fourth under President Nana Addo Dankwa Akufo-Addo's administration and would be the first budget not under the supervision of the International Monetary Fund (IMF), after the country went to the IMF in 2016 for an extended credit facility of more than $918 million to shore up the economy.

Also, the Trades Union Congress (TUC) has tasked the government to ensure it solves the high unemployment rate in the country and present a robust trade policy to support industrial growth.

Ghanaians are coming out with expectations ahead of the 2020 budget statement and policy statement.

The budget is expected to come out with tax cuts, incentives and initiatives which would improve the lives of the citizens and bring relief to them and consolidate the macroeconomic gains the government had achieved for the past two years.

Though Ghanaians are not privy to the 2020 budget statement and policy statement and its theme, the Deputy Majority Leader and Dome Kwabenya MP, Adwoa Safo has revealed that the theme of the budget ''would be centered on hope and expectation of Ghanaians''.

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Last modified on Wednesday, 13 November 2019

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