2013 Budget reading underway in Parliament

The Finance and Economic Planning Minister Seth Terkper is currently in Parliament presenting the 2013 budget and economic policy statement of the government.

It is a review of government's expenditure and revenue generation in 2012 and the projections for this year.

The budget is to give teeth to various policy initiatives outlined by President John Mahama in his State of the Nation Address delivered two weeks ago. 

This year's budget is the first to be read by Mr Seth Terpker on behalf of President Mahama after being appointed Minister of Finance and Economic Planning.

The statement is also giving an insight into government's programmes that will help sustain growth in the economy, stimulate growth in the private sector, increase domestic revenue generation and correct fiscal imbalances in the system while providing a clearer picture of how the government intends to manage the rising public sector wage bill.

...details to follow soon



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