• About Us
  • Contact Us
  • Photo Gallery
  • Privacy Policy
  • Terms of Use
  • ChannelOne TV
  • Infographics
Tuesday, July 15, 2025
Citinewsroom - Comprehensive News in Ghana
  • Home
  • News
  • Business
  • Sports
  • Opinion
  • Listen To CitiFM
  • Watch ChannelOneTV
  • Videos
  • Citi Verify
  • Elections
No Result
View All Result
Citinewsroom - Comprehensive News in Ghana
  • Home
  • News
  • Business
  • Sports
  • Opinion
  • Listen To CitiFM
  • Watch ChannelOneTV
  • Videos
  • Citi Verify
  • Elections
No Result
View All Result
Citinewsroom - Comprehensive News in Ghana
No Result
View All Result

Government lauds Parliament for approving 2021 budget 

Citi NewsroombyCiti Newsroom
March 22, 2021
Reading Time: 2 mins read
ShareShareShareShare

Government has lauded Parliament for approving the 2021 budget statement and economic policy document.

Minister for Information, Kojo Oppong Nkrumah who was speaking at the Minister’s press briefing in Accra on Sunday March 21, 2021, said government is grateful to the legislature for expediting the approval of the economic policy document to pave way for government to embark on its policies and programmes for the year.

“The executive branch of government is grateful to Parliament for the approval of the 2021 economic policy document last Friday, March 19. The economic policy for 2021 seeks to engineer first of all a recovery from the impact of the Covid-19 pandemic and then secondly an accelerated rebound to growth and expansion of the Ghanaian economy starting from this year 2021. In particular, it seeks to reduce our deficit which is escalated from the 4.8 that we brought it to by 2019 to 11% plus because of COVID-19 and related matters.”

“The first part of this recovery programme seeks to bring it back on the part to sustainability over the next four years to about 9% this year, 7% in 2022, 5% by 2023 and under 5% by 2024 and this is critical to restore debt sustainability and to restore strong micro-foundations to propel the medium term and in the future growth agenda that we are looking for,” he added.

Parliament last Friday passed the budget statement and economic policy for the 2021 fiscal year. The budget, christened “won ya wo hie” seeks to rebound an economy that has been dealt a blow by the coronavirus pandemic through programmes such as the Ghana Cares “Obaatanpa”.

This the Minister called on all stakeholders to support government in its recovery programmes and policies to rebound the economy and get it back to its previous state. He stressed that for government to be able to succeed in its plan to recover the economy it needs adequate support from all stakeholders.

Source: Information Ministry
Tags: 2021 BudgetGhana NewsParliament
ShareTweetSendSend
Previous Post

E/R: Three persons on motorbike die in crash at Adeiso

Next Post

COVID-19: WHO hails Africa for vaccinating seven million people in two weeks

Related Posts

Featured

Madina: Two suspects arrested for defiling 14-year-old girl

July 15, 2025
Featured

Clamp down on illegal mining kingpins – Coalition against Galamsey

July 15, 2025
Featured

GHS to roll out 24-hour services at CHPS compounds, polyclinics

July 15, 2025
Featured

Gov’t withdraws Military protection for unauthorized civilians

July 15, 2025
Featured

NPP’s National Delegates Conference won’t be postponed – Joseph Osei-Owusu

July 15, 2025
Featured

Akufo-Addo denies plot to delay NPP primaries and delegates conference

July 15, 2025
Next Post

COVID-19: WHO hails Africa for vaccinating seven million people in two weeks

ADVERTISEMENT
Citinewsroom - Comprehensive News in Ghana

CitiNewsroom.com is Ghana's leading news website that delivers high quality innovative, alternative news that challenges the status quo.

Archives

Download App

Download

Download

  • About Us
  • Contact Us
  • Photo Gallery
  • Privacy Policy
  • Terms of Use
  • ChannelOne TV
  • Infographics

© 2024 All Rights Reserved Citi Newsroom.

No Result
View All Result
  • Home
  • News
  • Business
  • Sports
  • Opinion
  • Listen To CitiFM
  • Watch ChannelOneTV
  • Videos
  • Citi Verify
  • Elections

© 2024 All Rights Reserved Citi Newsroom.