FULL TEXT: Finance minister presents mid-year budget review

Finance minister Ken Ofori-Atta has presented government's reviewed budget for 2017 as required by the Public Financial Management Act.

SECTION ONE: INTRODUCTION

 

 

GDP Growth

 

Fiscal Performance

Public Debt

 

 

GDP Growth

Inflation

Monetary, Credit, and Financial Markets

 

Trade Balance

 

Exchange rates

 

International Reserves

 

 

 

 

Petroleum Receipts

 

 

Debt management strategy

 

Liability Management and the Re-Profiling Programme

 

Energy Sector Legacy Debt

 

Implementation of the Credit Risk Assessment Framework

SECTION FOUR: REVISED 2017 MACRO-FISCAL FRAMEWORK

Revisions to Total Revenue and Grants, and Expenditure

 

Overall Balance and Financing

 

Gross Domestic Product

 

SECTION FIVE: IMPLEMENTATION HIGHLIGHTS OF THE 2017 BUDGET

 

Cocoa

 

 

Health

Restoration of Health Trainee Allowance

Restructuring of the National Health Insurance Scheme

Leap Implementation

 

School Feeding Programme

The long-term goal is to contribute to poverty reduction and food security in Ghana.

 

 

Railways Development

Roads and Highways

Project

Dec 2016

June 2017

Mankessim – Abura – Dunkwa

65%

82%

Nkawkaw - New Abirem

41%

52%

Kpone - Katamanso and Golf City Area

10%

15%

Third Ring Road in Tamale

3%

5%

Asphaltic Overlay of 250km of roads

 

40%

AyefuaArea Roads

40%

60%

Dalive – Agortaga Ph 2 (Km 6-12,2)

70%

100%

Anyinasuso - Abonsuaso - Nyameadom - Da

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