The government has assured that prudent measures have been put in place to ensure fiscal discipline in the year 2024.
It has assured that it will refrain from overspending in the next year’s election.
The Minority in Parliament predicted that the government was likely to spend beyond its budget in 2024 in an attempt to fulfill unplanned campaign promises due to the elections.
However, in her debate on the budget presentation, Deputy Finance Minister Abena Osei Asare said the government would not initiate new commercially loan-funded projects in 2024 as part of its commitment to live within its means.
The Minority in Parliament, however, says records available suggest that the government had a budget deficit of 17 percent in 2020 due to the elections.
The Member of Parliament for Yapei-Kusawgu, John Jinapor, said, “You said that you have a track record in election year expenditure. For the records, in 2016, go and read the updated data; the deficit was about 6 percent.
Story by: Osei-Akoto(Teacher Kojo) / Ahotoronline.com
