{"id":148778,"date":"2024-02-07T20:10:40","date_gmt":"2024-02-07T20:10:40","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/02\/07\/my-ministers-will-not-exceed-50\/"},"modified":"2024-02-07T20:10:40","modified_gmt":"2024-02-07T20:10:40","slug":"my-ministers-will-not-exceed-50","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/02\/07\/my-ministers-will-not-exceed-50\/","title":{"rendered":"My Ministers will not exceed 50"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Dr. Mahamudu Bawumia, the flagbearer of the New Patriotic Party, has pledged to limit the number of Ministers and Deputy Ministers to no more than 50 under his presidency.<\/p>\n<p>Emphasizing the importance of an efficient governance system, Dr Bawumia noted that having fewer ministers will contribute to a streamlined decision-making process.<\/p>\n<p>\u201cI would have no more than 50 ministers and deputy ministers,\u201d he pledged.<\/p>\n<p>He also touched on the need to enhance the role of the private sector along with fiscal and administrative decentralization while improving how systems and institutions function. This, he said, would lead to greater efficiency and ensure value for money in procurement.<\/p>\n<p>\u201cThe move towards the private sector provision of many public services would create fiscal space of at least 3% of GDP. This represents a major paradigm shift. Additionally, an efficient system of governance will require even fewer ministers,\u201d he added.<\/p>\n<p>Speaking to the nation in Accra on Wednesday, February 7, 2024, to unveil his vision and priorities for Ghana, Dr Bawumia said an independent fiscal responsibility council will be set up to reduce budget deficits and interest rates under his Presidency.<\/p>\n<p>\u201cTo sustainably reduce the budget deficit and interest rates, my government will enhance fiscal discipline through an independent fiscal responsibility council enshrined in the Fiscal Responsibility Act, 2018 (Act 982). The Fiscal Responsibility Act will also be amended to add a fiscal rule that requires that budgeted expenditure in any year does not exceed 105% of the previous year\u2019s tax revenue. This will prevent the experience of budgetary expenditures based on optimistic revenue forecasts which don\u2019t materialize.\u201d<\/p>\n<p>Furthermore, the Bawumia government will reduce the fiscal burden on the government by leveraging the private sector, following the successful roll-out and\/or enhancement such as Free SHS, Free TVEY etc during the Nana Akufo-Addo government\u2019s tenure.<\/p>\n<p>\u201cWith all these social safety nets in place, my government will now focus on jobs, and wealth creation by the private sector for all Ghanaians. My administration will incentivize the private sector to complement government in the provision of many infrastructure and other services to reduce government expenditure and improve maintenance,\u201d he stated.<\/p>\n<p>The event which was televised on Citi TV was also well attended by members of the Diplomatic Corps, the Clergy, Civil Society Organizations and NPP functionaries.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dr. Mahamudu Bawumia, the flagbearer of the New Patriotic Party, has pledged to limit the number of Ministers and Deputy Ministers to no more than 50 under his presidency. Emphasizing the importance of an efficient governance system, Dr Bawumia noted that having fewer ministers will contribute to a streamlined decision-making process. \u201cI would have no [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":148779,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-148778","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>My Ministers will not exceed 50 - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/02\/07\/my-ministers-will-not-exceed-50\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"My Ministers will not exceed 50 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Dr. Mahamudu Bawumia, the flagbearer of the New Patriotic Party, has pledged to limit the number of Ministers and Deputy Ministers to no more than 50 under his presidency. 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