The minister of Finance, Hon Ken Ofori Attah on Wednesday 13th November 2019 declared that the exorbitant spending that occurs in every election year will not happen under President Akuffo Addo’s government. He made this known during the 2020 budget reading in Parliament house in Accra.
He added that the NPP government will ensure that the commission works within the allocated budget which is yet to be announced.
The Economy is said to see growth of 6.8 percent next year which is an election year and a deficit of 4.6 percent.
In December 2016, the NPP government assumed power after eight (8) years of being in opposition. It’s been three and half years which is equivalent to thirty (30) months in power. Ghana will go to the polls to elect a new President and Members of Parliament in December 2020.
The 2020 budget has assured a stable and a peaceful year with no new taxes. The budget is called the “Nkosuo and Nkabom” budget meaning “Growth and Peace” budget.
It is said to put money in the pocket of Ghanaians because of the various social intentions, however very little was mentioned in the banking sector and how the government is aiming to restore and heal the local banks.
The NPP government is confident in the 2020 budget because it is said to transform Ghana.
Meanwhile, Ghanaians will go to the polls for the electing of Assembly members and unit committee members and the voting of the referendum on December 17, 2019.