With none last-minute change, the Finance Minister will probably be anticipated to current the 2024 Mid-12 months Finances evaluate on July twelfth or fifteenth.
The Majority Chief Whip, Frank Annoh-Dompreh introduced this on the ground of Parliament, stating the particular date is but to be confirmed.
“We may have a joint caucus [Meeting] on Wednesday which is the third of July as a preparation for the approaching of the Finance Minister,” he mentioned.
This comes a couple of days after the Minister, Dr Mohammed Amin Adam introduced the top of the debt restructuring programme as a part of the Worldwide Financial Fund’s (IMF) conditionalities.
Ghana has over the previous two years been prevented from going onto the worldwide market to lift {dollars} from traders, on account of rising debt ranges, gradual financial development and low steadiness of fee accounts.
In keeping with the Member of Parliament for Karaga, the federal government has efficiently restructured its debt of 5.1 billion {dollars} with these collectors, along with concluding the restructuring of 13.1 billion {dollars} with Eurobond holders.
Addressing attendees at a UK City Corridor assembly, Dr Amin Adam highlighted that these efforts have resulted in financial savings of 8 billion {dollars} for the nation.