Close Menu
MyGhanaDaily
    Facebook X (Twitter) Instagram
    MyGhanaDaily
    Monday, October 6
    Trending
    • Speaker of Parliament postpones resumption of parliament
    • African Union Soil Observatory Project Officially Launched
    • Hannah Awadzi of GNA awarded the Most Outstanding Female journalist for 2025
    • NIA to issue Ghana Cards to children aged 6–14 from October 6
    • The People’s Poet Speaks Again – Omar Sterling Announces VTH 2 Mixtape
    • The Business Side of Ghanaian Music Nobody Talks About
    • Top 10 Rap Verses in Ghanaian Hip-Hop History
    • Best Ghanaian Music Videos of All Time
    Your Marketplace Banner
    • News
    • Business
    • Entertainment
      • Music
      • Movies
      • Fashion
      • Celebrity news
    • Sports
    • Health
    • Technology
    • Agriculture
    • Opportunites
    • Videos
    • More
      • Education
      • Tourism
      • History
      • Feature
      • Opinion
      • World
    MyGhanaDaily
    Home»Finance»Financial Minister to deliver mid-year budget review in parliament today
    Finance

    Financial Minister to deliver mid-year budget review in parliament today

    Nathasia NarteyBy Nathasia NarteyJuly 29, 2021Updated:July 29, 2021No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    ken ofori atta

    The Minister of Finance, Kenneth Ofori-Atta, will be in Parliament on Thursday, July 29, 2021, to deliver the mid-year budget review statement and government economic policy, as well as the supplementary estimate for the fiscal year 2021.

    This is in accordance with the provisions of the Constitution of 1992. The Minister is expected to provide an update on the government’s physical spending, high debt stock, and the cost of the Coronavirus pandemic.

    Send your stories to Email: myghanadaily@gmail.com • WhatsApp: +233 577 145 140

    Director at the Institute of Statistical, Social and Economic Research, Professor Peter Quartey, is asking government to reveal the revenue transactions from January to date. Ahead of the 2021 mid-year budget review, the professor is asking for an increased effort in revenue mobilization and an evaluation of taxes.

    Mr.  Quartey said, “we are actually short in revenue that is why government continues to borrow. So for me, a review of the revenue trends from January to now is very important. Also the new taxes that were introduced, is this the point we evaluate those taxes and levy? have they yielded the intended revenue? If not, then we may have to rethink and scrap some of them off?

    The Financial Minister, Mr. Ofori-Atta was seeking medical attention in the USA as a result of complications of Covid-19 had suffered earlier.

    The 2021 budget proposed the introduction of a Covid-19 Health Levy of one percentage point increase in the National Insurance Levy (NHIL) and one percentage point increase in VAT flat rate to support expenditure related to Covid-19. But the review will not see any new taxes introduced.

    “I cannot tell you that there will be no introduction of taxes in the new year budget review”, a Deputy Finance Minister, John Kumah, told media general’s Eric Mawuena Egbeta on Monday, July 26, 2021.

     

    Source: 3news.

    Send your news stories to
    Email: myghanadaily@gmail.com • WhatsApp: +233 577 145 140
    Advertise with us | Follow our WhatsApp channel for more news
    finance
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleSammy Gyamfi accuses Capecoast high court of manipulating processes against Assin North Mp
    Next Article Mid-Year budget review: Ashanti Region Poultry farmers want insurance scheme
    Nathasia Nartey

    Related Posts

    GRA takes tax education to markets as part of GH¢360 billion revenue drive

    May 9, 2025

    Don’t hold back on your ideas due to lack of funds – women advised

    May 3, 2025

    Ghanaian workers call for reset in service conditions

    May 1, 2025
    LATEST NEWS
    • Speaker of Parliament postpones resumption of parliament
    • African Union Soil Observatory Project Officially Launched
    • Hannah Awadzi of GNA awarded the Most Outstanding Female journalist for 2025
    • NIA to issue Ghana Cards to children aged 6–14 from October 6
    • The People’s Poet Speaks Again – Omar Sterling Announces VTH 2 Mixtape
    SPORTS NEWS

    2026 FIFA WCQ: Ghana beats Mali

    September 9, 2025

    The Black Stars Podcast: A six-part dive into Ghana’s football history, struggles and sparks of glory

    August 30, 2025

    2026 World Cup qualifiers: Black Stars set to open camp on September 1

    August 27, 2025

    Felix Afena-Gyan Joins Amedspor on Season-Long Loan

    August 21, 2025

    Ayew Stays Positive as Foxes Target Quick Response

    August 21, 2025
    Recent Posts
    • Speaker of Parliament postpones resumption of parliament
    • African Union Soil Observatory Project Officially Launched
    • Hannah Awadzi of GNA awarded the Most Outstanding Female journalist for 2025
    • NIA to issue Ghana Cards to children aged 6–14 from October 6
    • The People’s Poet Speaks Again – Omar Sterling Announces VTH 2 Mixtape
    Like Us On Facebook
    Facebook Pagelike Widget
    • Facebook
    • Twitter
    • Instagram
    © 2019 -2025 Copyright | MyGhanaDaily.com

    Type above and press Enter to search. Press Esc to cancel.