Rt. Hon Kingsford Sumana Bagbin
December 7, 2022

Parliament on Tuesday, December 6, 2023 approved the Budget Statement and Fiscal Policy of Government for the year ending 31st December, 2023.

This follows a fears debate between both sides for about a week.

On Tuesday, leaders of both Caucus concluded the debate giving the Speaker to pose the question and subsequently declaring the ‘yeah’ as having carried the day.

Minority Leader

The Minority Leader, Haruna Iddrisu in concluding his side’s debate made it clear that they would not reject the budget saying that is the hope of the Majority just so they can put the blame on the Minority for their failed budget.

He, however, called for major expenditure cut as government continues to urge the citizenry to accept austere measures to save the ailing economy.

He also didn’t mince words in stating that his side will reject a number of tax measures introduced in the budget including the 2.5 Percent VAT, and E-Levy.

Other measures the Minority was emphatically opposed to include the allocation for the construction of the National Cathedral, and see debt restructuring.

The Majority Leader, Osei-Kyei-Mensah-Bonsu on the other hand described the budget as offering hope to reviving
the economy.

He chastised the Minority of being horrible managers of the economy and would have had worse situation if they were in charge of the economy at this critical moments of world recession.