Dr. Mohammed Amin Adam, the newly appointed Finance Minister, is set to present the 2024 Mid-Year Budget Review in Parliament. This marks his first budget presentation since assuming office in February 2024. The review, in compliance with Section 28 of the Public Financial Management Act, 2016 (Act 921), aims to provide a comprehensive update on the government’s financial performance and economic outlook.
The Finance Minister’s presentation will inform the House about the progress and implementation of the 2024 budget, highlighting key financial adjustments and economic projections. The review will include revised financial plans and an updated economic outlook, reflecting the government’s response to emerging challenges and opportunities in the economic landscape.
Dr. Adam’s address is anticipated to cover various aspects of the national economy, including revenue generation, expenditure, fiscal policies, and strategies for sustainable economic growth. This mid-year review will offer a crucial update on the government’s efforts to manage public finances effectively and support Ghana’s economic development.
As Ghana navigates through 2024, the Finance Minister’s presentation is expected to provide clarity on the economic direction and fiscal health of the nation, ensuring transparency and accountability in the management of public funds.