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Govt targets GH¢176.4bn revenue in 2024 but aims to spend GH¢226.7bn

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The Finance Minister, Ken Ofori-Atta, delivering the government’s fiscal plan for 2024 to Parliament on Wednesday, November 15, projected that the total revenue for the year is estimated at GH¢176.4 billion.
In outlining the 2024 Budget Statement and Economic Policy, Ofori-Atta highlighted that the government’s anticipated total expenditure stands at GH¢226.7 billion, representing 21.6 percent of the Gross Domestic Product (GDP).
He went on to elaborate on the comprehensive fiscal strategy, noting a substantial reduction in total expenditures, amounting to 6.1 percentage points of GDP compared to the 2022 outturn. This reduction, he explained, results from a combination of fiscal consolidation efforts, encompassing a 4.9 percentage point adjustment in revenue and a 4.0 percentage point adjustment in primary expenditure.
Ofori-Atta also highlighted the potential interest rate savings anticipated from the ongoing external debt operation, emphasizing its positive impact on public finance sustainability.
“Mr Speaker, Total Revenue and Grants are projected at GH¢176.4 billion (16.8 percent of GDP) and is underpinned by permanent revenue measures largely Tax revenue measures amounting to 0.9 percent of GDP.
“Total Expenditure (commitment) is projected at GH¢226.7 billion (21.6 per cent of GDP). This projection reflects a reduction of 6.1 percentage points of GDP in total expenditures (commitment basis) relative to the outturn in 2022.
“This large decrease comes from the combination of fiscal consolidation efforts of 4.9 percentage points of GDP, reflecting an adjustment in revenue by 1.0 percentage point and primary expenditure by 4.0 percentage point of GDP.
“The potential interest rate saving from the ongoing external debt operation will further bolster public finance sustainability. Mr. Speaker, based on the estimates for Total Revenue & Grants and Total Expenditure (including arrears clearance), the overall Budget balance to be financed is a fiscal deficit of GH¢ 61.9 billion, equivalent to 5.9 percent of GDP. The corresponding Primary balance is a deficit of GH¢5.9 billion, equivalent to 0.6 percent of GDP.”
Source: Citinewsroom.com
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UGMC disputes Michael Blackson’s claims over late mother’s treatment

The University of Ghana Medical Centre (UGMC) has disputed claims made on social media by comedian Michael Blackson concerning the treatment given to his late mother, saying a review found that the allegations did not accurately reflect what happened during her stay at the hospital.
In a statement issued in Accra on August 5, 2026, the management of UGMC expressed condolences to Mr. Blackson and his family over the death of his 83-year-old mother, who died at the facility on July 16, 2026.
The hospital said it had taken the concerns raised by Mr. Blackson seriously and conducted a thorough review in line with its clinical and administrative procedures.
According to the statement, the facts presented by Mr. Blackson on social media contained “numerous inaccuracies” and did not accurately reflect the medical care provided to his mother.
UGMC explained that she was referred to the facility from another hospital and received treatment there from May 27 to July 16, 2026, a period of about eight weeks.
The hospital stated that it would not release details of her diagnosis, treatment, medical records or other aspects of her care because it had a duty to protect patient confidentiality, even after death.
It said the decision was intended to respect the dignity of the deceased and the privacy of her family.
UGMC further stated that all clinical decisions at the facility are made by qualified healthcare professionals based on medical judgment, established standards of care and the best interests of the patient.
The statement added that such decisions are made in consultation with authorised family representatives where necessary and that billing and financial procedures are governed by institutional policies and are separate from clinical decision-making.
The hospital noted that it values feedback from patients and their families and considers both positive and negative comments important for improving the quality of care.
Mr. Blackson had earlier used social media to criticise the care his mother received at UGMC, prompting the hospital’s response.
By: Jacob Aggrey
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NPP suspends Greater Accra campaigns ahead of “Democracy Under Attack” demonstration

The New Patriotic Party (NPP) has directed all aspirants campaigning in the Greater Accra Region to suspend their campaign activities on August 5 and 6 and instead mobilise supporters for the party’s planned “Democracy Under Attack” demonstration.
The directive was issued by the party’s National Steering Committee in a statement signed by the NPP General Secretary, Justin Kodua Frimpong, on Tuesday.
According to the statement, the decision forms part of efforts to ensure a strong turnout for the demonstration, which is scheduled for Thursday, August 6, 2026.
The party said the protest would begin at 5:00 a.m., with participants expected to gather at the Supreme Court in Accra.
It further directed Regional, Constituency and Polling Station Executives in Greater Accra to work closely to mobilise members and supporters for the event.
“The National Steering Committee is calling on all aspirants currently campaigning across the Greater Accra Region to temporarily suspend their campaign activities on the 5th and 6th of August and join in mobilising support for the upcoming demonstration,” the statement noted.
The NPP appealed to party members and supporters to remain peaceful, disciplined and orderly throughout the protest.
The demonstration forms part of the party’s response to concerns it has raised over issues relating to Ghana’s democratic governance and the justice system.
The NPP leadership expressed confidence that party members would cooperate fully to ensure a successful and peaceful event.
By: Jacob Aggrey
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