Finance Minister, Ken Ofori-Atta is expected to present the government’s 2024 Annual Budget Statement and Economic Policy to Parliament on Wednesday, November 15.

This is a constitutional exercise to be carried out by the Finance Minister on behalf of the President, Nana Addo Dankwa Akufo-Addo.

PRESENTATION OF 2024 ANNUAL BUDGET STATEMENT AND ECONOMIC POLICY

Accra, Tuesday, 14th November 2023

In accordance with Article 179 of the 1992 Constitution and section 21 of the Public Financial Management Act, 2016 (Act 921) the Minister for Finance will, on behalf of the President, lay before Parliament the Budget Statement and Economic Policy of Government of Ghana for the 2024 Financial Year, on Wednesday, 15th November 2023.

2. This Budget is crucial because it is developed to support the implementation of the IMF-backed Post-Covid-19 Programme of Economic Growth (PC-PEG). It comes just after the successful First Review of the 3-year US$3 billion IMF-ECF Programme.

3. It will also highlight, among others, the performance of the economy, efforts to boost the productive capacity of the economy through the new Growth Strategy, fiscal measures, and debt management strategies to deepen stability and promote growth.

4. In line with usual practice, Government will undertake a comprehensive post-Budget stakeholder engagement to explain the various policy to the public.