Hot!
No overspending in 2024 elections – Gov’t assures
The government has assured that prudent measures have been put in place to ensure fiscal discipline in the year 2024.
It has assured that it will refrain from overspending in the next year’s election.
The Minority in Parliament predicted that the government was likely to spend beyond its budget in 2024 in an attempt to fulfil unplanned campaign promises due to the elections.
However, in her debate on the budget presentation, Deputy Finance Minister Abena Osei Asare said the government would not initiate new commercially loan-funded projects in 2024 as part of its commitment to live within its means.
“In the past, governments have used election year as auctioning periods, engaging in all kinds of projects to win votes. But this government is committing itself to strong fiscal consolidation and efficient management of existing commitments, in order not to derail the hard-won stability that we are witnessing.”
“Government is not initiating new commercial loan funded projects. Government has also put in an amount of money in the budget to clear their arrears so that we can complete existing projects,” the Deputy Finance Minister assured.
The Minority in Parliament, however, says records available suggest that the government had a budget deficit of 17 percent in 2020 due to the elections.
The Member of Parliament for Yapei-Kusawgu, John Jinapor, said, “You said that you have a track record in election year expenditure. For the records, in 2016, go and read the updated data; the deficit was about 6 percent.
Mr. Speaker, I refer to the IMF-Ghana decision May 2023 documents; I refer to page 36, table 2 (A). In 2020, under your regime, election year, your deficit was a whopping 17 percent. It has never happened; no country has that deficit of 17 percent.”
Source: Citinewsroom.com
Ghana’s First Lady, Lordina Mahama, has made a generous donation to the country’s national female Under-17 and Under-20 teams – Black Maidens and Black Princesses- as they continue preparations for major international assignments.
The donation, made on Friday, May 22, was presented on behalf of the First Lady by the Minister for Gender, Children and Social Protection, Agnes Naa Momo Lartey, at the GFA Technical Centre in Prampram.
The gesture forms part of efforts to motivate and support Ghana’s young female footballers as they prepare to represent the country on the international stage.
The donation included essential food items and toiletries aimed at supporting the welfare and well-being of the players and technical teams.
The donation included cartons of Milo, T-rolls, soft drinks, toiletries, and a range of essential supplies aimed at supporting the welfare of the players, enhancing camp conditions, and easing preparations ahead of their respective assignments.
The Black Maidens are currently engaged in preparations for the FIFA U-17 Women’s World Cup qualifiers and are set to take on Liberia women’s national under-17 football team in the second-leg encounter in Liberia this weekend.
Meanwhile, the Black Princesses have already secured qualification to the FIFA U-20 Women’s World Cup after overcoming Uganda in the qualifiers, extending Ghana’s remarkable record to eight consecutive appearances at the tournament.
The donation by the First Lady was expected to boost morale within both camps while reinforcing national support for the young female footballers who continue to make the country proud.
The prosecution has officially rested its case in The Republic v Solomon Asamoah & Another, the high-profile legal battle commonly referred to as the “Sky Train” case.
The Deputy Attorney General Justice Srem Sai announced the development, praising the state’s team of hard-working prosecutors for successfully anchoring the state’s evidence before the High Court.
The criminal trial centers on the former Chief Executive Officer and the former Board Chairman of the Ghana Infrastructure Investment Fund (GIIF).
The duo stands accused of illegally authorizing and paying out US$2 million to a foreign company without obtaining board directives or other mandatory statutory approvals.
State investigators have confirmed that the disbursed millions cannot be found.
Following the closure of the prosecution’s case, the accused persons moved the court for an opportunity to file a submission of no case.
The presiding judge granted the application, ordering the defense to submit their arguments by June 8.
The outcome of the June 8 filings will decide the fate of the trial:
With this, if the judge finds the defense’s submission convincing, the accused will be acquitted and discharged however, If the judge dismisses the submission, the court will order the accused officials to take the stand and explain why they should not face prison sentences.
By Edem Mensah-Tsotorme
