Ghana faces potential shutdown as Parliament adjourns without mini-budget

Parliament has adjourned its session until January 2nd, 2025, leaving the much-anticipated 2025 Mini-Budget unpresented.

This critical financial plan, outlining government spending and revenue projections for the first months of the year, was expected to ensure a smooth transition before a new administration takes office in January.

The absence of the Mini-Budget has raised serious concerns about a potential government shutdown on January 1st, 2025.

The Mini-Budget, as mandated by the constitution, provides vital funding for government operations until the incoming administration can finalize its full budget proposal.

Majority and Minority Speak

Minority Leader Dr. Cassiel Ato Forson expressed strong disappointment over the Finance Minister’s failure to present the Mini-Budget. He stressed the importance of a smooth transition and accused the outgoing administration of jeopardizing public service operations in the new year.

But Alexander Afenyo-Markin, the Majority Leader, attributed the delay to disagreements with the opposition NDC party. He, however, assured that the Finance Minister would present the necessary expenditure authorization when Parliament reconvenes on January 2nd.

The lack of agreement between the two parties on key issues stalled parliamentary proceedings, leaving the Mini-Budget in limbo. This comes after the Finance Minister’s repeated absence from the chamber, further frustrating opposition members.

With Parliament adjourned and the Mini-Budget still pending, the potential for a government shutdown looms large.

While the Majority Leader blames the opposition, the situation highlights the need for a swift resolution to ensure uninterrupted government operations and financial stability in the new year.

The post Ghana faces potential shutdown as Parliament adjourns without mini-budget first appeared on 3News.

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