On November 15, 2023, the government’s 2024 Annual Budget Statement and Economic Policy will be presented to Parliament by Finance Minister Ken Ofori-Atta.
Tuesday in Accra’s Parliament, Speaker of the House Alban Sumana Kingsford Bagbin made this declaration.
“A few days from now, we will be hosting the Minister of Finance to present the budget statement for the 2024 financial year. We are proposing that it be done on the 15th of November. Please kindly take note of the date,” he stated.
The Speaker of Parliament further indicated, “
We will need to carefully examine the budget to make sure that it meets the requirements of all Ghanaians as required by our oversight responsibilities.” adding that “I believe this house will adopt a consultative and consensus-building approach throughout this process. We have demonstrated enough capacity and experience in budget approval deliberations and this will be no different.”
Mr Bagbin also stated that the budget bill should be enacted as soon as possible “because this will enable Parliament to engage more technical personnel to put Parliament in good stead to comply with the imperatives of recent legislations passed by this house.”
Meanwhile, the Finance Minister has announced that long-term relief measures for Akosombo Dam disaster victims will be considered during the budget formation process in 2024.
Speaking to media after touring impacted villages on Friday, Mr. Ofori-Atta stated that while the government has provided some assistance goods for victims, the government will do more and include it in next year’s budget.
“We have mobilized a few things that we would like to share but I think we are also in the budget season and therefore it will not just be numbers that we are working on but true feelings in the field and therefore the need to look at these social interventions in a real way. We will certainly give this an expression immediately and also in the budget,” He said
