Majority Leader of Parliament, Osei Kyei-Mensah-Bonsu temporarily acting in the capacity of Finance Minister says the government of the day will focus on completing existing infrastructural projects rather than starting new ones.
He described it as a waste of national resources for projects to be delayed or abandoned nationwide.
Delivering the 2021 budget statement in Parliament on Friday, March 12, Kyei-Mensah-Bonsu said President Akufo-Addo wants his administration to chart a new direction this year.
“Every new budget invariably contains a host of new projects to be initiated at the expense of ongoing projects.”
“This puts pressure on our finances and also has historically resulted in arrears with many contractors not being paid on time for work done and escalating the overall cost of these projects.”
Kyei-Mensah-Bonsu stressed that this state of affairs need to be a thing of the past.
“Governments owe the people a duty to use limited public funds responsibly… the era of abandoning public projects started with public funds must end,” he said.
