Ghana will go down the drain should 2023 budget be delayed – Deputy Finance Minister warns

A Deputy Finance Minister, Abena Osei Asare, has warned of dire economic consequences should the approval of the 2023 budget delay. 

She said Ghanaians will suffer more, if approval of the budget is delayed. 

The Atiwa East MP made this known on Tuesday, November 29, during the debate on the budget. 

She thus urged the Minority MPs to help pass the budget expeditiously. 

According to her, this will prevent the country from being plunged into further crisis.

“We are faced with local and global challenges. We also have an ongoing IMF negotiation, and also we have debt operations which we are trying to come up with to bring our debt levels to a sustainable level.

“Mr Speaker, little did we know that a global pandemic and a war in Ukraine will bring us down to our knees…The quicker we do something about it, the better. 

“It is in this respect that we are asking our colleagues on the other side to support the government in the revenue measures that we have stated in next year’s budget. 

“Any delay in passing this revenue measure means we are pushing Ghana down the drain,” Abena Osei Asare said.

The Finance Minister, Ken Ofori-Atta on Thursday, November 24, presented the 2023 budget to Parliament. 

The budget is anchored on a seven point plan aimed at stabilising the economy. 

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