2018 budget statement Ken Ofori-Atta, Finance Minister SECTION ONE : INTRODUCTION Rt. Hon. Speaker, Honourable Members of Parliament, on the authority of the President of the Republic, Nana Addo Dankwa Akufo-Addo, I beg to move that this Honourable House approves the Financial Policy of the Government of Ghana for the year ending 31st December 2018. On the authority of the President, and in accordance with Article 179 of the 1992 Constitution, permit me to present to this august House, the Budget Statement and Economic Policy of the Government of Ghana for the 2018 financial year. I also submit to this august House The 2017 Annual Report on the Petroleum Funds, in accordance with Section 48 of the Petroleum Revenue Management Act, 2011 (Act 815), as amended. Mr. Speaker, this year has been a very busy one for all of us. This is the third Budget we are presenting in the year. The first one was in March, the second, the mid-year performance review and now, we are present...
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Key highlights of 2018 Budget Statement and Economic Policy Finance Minister, Ken Ofori Atta Government has introduced special initiatives targeted at turning the economy around and bringing financial relief and comfort to Ghanaians. These initiatives are contained in the 2018 Budget Statement and Economic Policy which was presented by the Minister of Finance, Ken Ofori Atta. In the budget which has been themed, “Putting Ghana to Work Again”, government intends to curb graduate unemployment by providing jobs to over 100,000 tertiary graduates under a special programme dubbed the ‘Nation Builders Corps’ (NBC) in 2018. Mr Ofori-Atta said about 2,700 extension agents have already been recruited under the Planting for Food and Jobs programme which was launched in January 2017. In his presentation, the Finance Minister among other things disclosed government’s intent to prioritize education saying, “We will have a focus on teacher development and accountability, improved quali...