Home LATEST GHANA POLITICS Alan Kyeremanten To Present 2021 Budget; Here Is Why

Alan Kyeremanten To Present 2021 Budget; Here Is Why

Alan Kyeremanten

Trade and Industry Minister-Designate Alan Kyeremanten is now expected to present the 2021 Budget, Joynews.com reports.

This is what Joy Business has picked up from government sources.

It follows the inability of Finance Minister Designate, Ken Ofori Atta to return to Ghana on time, from his medical leave.

Even if Mr. Ofori-Atta had arrived in Ghana, it may have been difficult for him to clear the necessary appointment committee hurdles to present the budget statement.

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Joy Business had earlier on learned that President Akufo Addo was considering the Vice President Dr. Mahamadu Bawumia or Mr. Kyeremanten for the presentation.

But it now appears that the President has settled on Mr. Kyeremanteng to present the budget statement, next Friday 12 March 2021.

In October last year, Mr. Ofori Atta presented the 2021 Expenditure in Advance Appropriation.

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This was due to the December 2020 presidential and parliamentary elections.

Government expenditure for the first quarter of 2021 was estimated at GHȻ27.34 billion, with total revenues and grants expected at GHȻ13.3 billion, whilst total expenditure and arrears clearance at GHȻ24.01 billion.

This was expected to leave a fiscal gap of GHȻ10.7 billion.

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