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2020 budget : Gov't will not overspend in 2020 – Ken Ofori Atta assures Ghanaians

By Justice Kofi Bimpeh
Ken Ofori Atta
Ken Ofori Atta
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The Finance Minister, Ken Ofori Atta says the Government of Ghana will not overspend in 2020 despite the fact that it is an election year.

Ken Ofori Atta said Government will rather resource the Electoral Commission to run a free and fair election in 2020 and use digitization to improve government services.

The Finance Minister said this while delivering the 2020 Budget Statement and Economic Policy in Parliament on Wednesday, November 13, 2019.

"Mr. Speaker, 2020 is an election year. I would like to take this opportunity to inform this august House on behalf of the President that all the needed resources required shall be marshaled for the Electoral Commission to ensure that we have credible, free and fair elections. Ghana remains one of the most stable and peaceful countries in the world and we intend to maintain it that way.

"In spite of the year being an election year, Mr. Speaker, let me repeat that President Akufo-Addo and his Government will ensure that the perennial excessive spending during such periods, will not happen in 2020.

READ ALSO: 2020 budget: We've not imposed any new taxes - Ken Ofori Atta

"We shall work within 2020 appropriated resource envelop and adhere to the Fiscal Responsibility Act to maintain fiscal discipline. We will do so, not because we are complacent with our chances. No. We will do so because the nation needs it and we are not prepared to throw away all the sacrifices and gains the people and their Government have made in the last three years. We shall consolidate our macroeconomic gains and offer businesses and households the predictability and stability that they need to manage their lives."

READ ALSO: 2020 budget - Our flagship programs and interventions put 12.2 billion cedis into many pockets - Ken Ofori-Atta