• Latest
  • Trending
Gov’t spent $8.97m on new 100, 200 cedi notes

Parliament approves GH¢6.3 billion supplementary budget

August 1, 2019
“EOCO kidnapped Wontumi” – Nana B alleges political targeting by EOCO

“EOCO kidnapped Wontumi” – Nana B alleges political targeting by EOCO

May 29, 2025
Opposition gives us the chance to listen more and strategize - Eugene Boakye

Opposition gives us the chance to listen more and strategize – Eugene Boakye

May 29, 2025
NPP must be financially independent-Eugene Antwi Boakye

NPP must be financially independent-Eugene Antwi Boakye

May 29, 2025
Trump administration to go to Supreme Court on Friday if unable to block tariff ruling

Trump administration to go to Supreme Court on Friday if unable to block tariff ruling

May 29, 2025
Wontumi arrest: Treat others the way you want to be treated - Afenyo-Markin to NDC

Wontumi arrest: Treat others the way you want to be treated – Afenyo-Markin to NDC

May 29, 2025
When did EOCO become a detention centre? – NPP Official questions Chairman Wontumi’s detention

When did EOCO become a detention centre? – NPP Official questions Chairman Wontumi’s detention

May 29, 2025
Eugene Antwi Boakye calls for public disclosure of Prof. Mike Oquaye’s report

Eugene Antwi Boakye calls for public disclosure of Prof. Mike Oquaye’s report

May 29, 2025
Tidy things up and provide clarity on 24-hour economy– Oppong Nkrumah tells government

Tidy things up and provide clarity on 24-hour economy – Oppong Nkrumah tells government

May 29, 2025
A Tribute to Dr. Felix Konotey-Ahulu

A Tribute to Dr. Felix Konotey-Ahulu

May 29, 2025
Private Schools join Free SHS Policy as government finalizes partnership framework

Private Schools join Free SHS Policy as government finalizes partnership framework

May 29, 2025
NRSA to sue assemblies within Accra over unauthorized Billboards

NRSA to sue assemblies within Accra over unauthorized Billboards

May 29, 2025
Govt reaffirms commitment to equitable debt restructuring

Gov’t reaffirms commitment to equitable debt restructuring

May 29, 2025
Happy Ghana
Advertisement
No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
No Result
View All Result
Happy Ghana
No Result
View All Result
Home Sports

Parliament approves GH¢6.3 billion supplementary budget

in Sports
Gov’t spent $8.97m on new 100, 200 cedi notes

Gov’t spent $8.97m on new 100, 200 cedi notes

Share on FacebookShare on TwitterShare on Whatsapp

Parliament has approved the GH¢6.3 billion requested by the Finance Minister, Mr Ken Ofori-Atta, as extra expenditure for the 2019 financial year.

In spite of the minority’s opposition to the budget statement, the house through a majority voice vote approved the request by the finance minister.

Meanwhile, Parliament’s Finance Committee has been tasked to deliberate on the proposed tax increases which accompanied the supplementary estimates and present a report for the House’s consideration.“>

Supplementary estimate

The motion for the supplementary estimate was moved by the Minister of Finance when he presented the mid-year review of the Budget Statement and Economic Policy of the government last Monday.

Parliament will now have to amend the Appropriation Act, Act 984, which gave the Minister of Finance the authority to expend GH¢78.77 billion from the Consolidation Fund and other public funds.

The motion for the approval of the GH¢6.37 billion was seconded by the Chairman of the Finance Committee of Parliament and the New Patriotic Party (NPP) Member of Parliament (MP) for New Juaben South, Dr Mark Assibey-Yeboah, last Tuesday.

Consequently, Majority and Minority MPs slugged it out in the debate on the mid-year budget as to the true state of the country’s economy.

Economic indicators

While the Majority MPs were of the view that macro and micro economic indicators such as inflation rate, exchange rate, interest rate and the health of industry had improved, the Minority members argued that the economy was in tatters and that Ghanaians were going through hardship.

Other areas that the debate focused on included education, communication and transportation.

Mr Ofori-Atta proposed the scrapping of the Luxury Vehicle Levy introduced in 2018.

“Government in 2018 introduced the Luxury Vehicles Levy to raise revenue.

We have noticed suggestions from the general public on the implementation of this tax, and as a listening government we are proposing the withdrawal of the levy to the House,” he said.

Tags: Parliament

Subscribe to receive notification everytime a new post is published. We promise to be discrete.

Unsubscribe
Previous Post

Top sports journalist Robert Quaye to be honoured at 9th Annual 3G Awards in New York

Next Post

PDS saga: [Revealed] Nancy Pelosi visit to Ghana triggered PDS suspension [Audio]

Next Post
PDS saga: [Revealed] Nancy Pelosi visit to Ghana triggered PDS suspension [Audio]

PDS saga: [Revealed] Nancy Pelosi visit to Ghana triggered PDS suspension [Audio]

Search

No Result
View All Result

Listen Live

BBC Match of the Day Africa

Happy Ghana

Recent News

  • “EOCO kidnapped Wontumi” – Nana B alleges political targeting by EOCO
  • Opposition gives us the chance to listen more and strategize – Eugene Boakye
  • NPP must be financially independent-Eugene Antwi Boakye
  • About
  • advertise
  • Privacy Policy
  • Contact Us

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.

No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.