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Budget review: We’re making headway, we won’t ask for extra money – Ofori-Atta

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Budget review: We're making headway, we won't ask for extra money - Ofori-Atta

The Finance Minister, Ken Ofori-Atta, has stated that the Nana Addo Dankwa Akufo-Addo administration would not seek more funding from Parliament.

According to him, this was needed given the year’s success in non-oil tax income collection.

On July 31, the Finance Minister made these statements when presenting the mid-year budget review to Parliament.

“In the first half of the year, we continued to make progress toward exceeding our non-oil revenue targets for the year.” Despite some apparent gaps in VAT, we have observed advances in non-oil tax revenue collection.

“However, oil revenues have fallen short of expectations due to changes in global prices. We will, therefore, undertake a downward review of the oil-related revenue as well as the corresponding expenditures to align with the underperformance of some of our revenue handles. Specifically, this will impact the Annual Budget Funding Amount (ABFA),” the Finance Minister said.

Mr Ofori-Atta further linked the decision not to seek more funds to the completion of components of the Domestic Debt Exchange Programme.

He also stated that the Appropriation has been reduced from GH227.7 billion to GH206.0 billion due to the reduction in foreign-financed CAPEX.

“Mr Speaker, in view of the reason outlined above, as well as the lower domestic interest payment and amortization, following the completion of a part of the DDEP, and the reduction in the foreign-financed CAPEX, the Appropriation has been revised from GHS227.7 billion as presented and approved in November 2022 to GHS206.0 billion.

“This is in line with Regulation 24 sub-regulation (3) of the Public Financial Management Act Regulations 2019 (L.I. 2378).  Mr Speaker, we will, therefore, not require a Supplementary Budget,” he stated.

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OccupyJulorBiHouse: Organisers’ derogatory depiction of the presidency is reprehensible – Richard Ahiagbah

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According to Democracy Hub, the rally was held to stress their demands for lower living costs, an end to corruption, and improved governance, among other things. However, in the early hours of Thursday, September 21, police detained 49 protestors, accusing them of unlawful assembly and violating the Public Order Act. The detained individuals ignored court documents filed on the organisers, Democracy Hub, to prevent from carrying out the scheduled rally.

The New Patriotic Party’s (NPP) Communications Director, Richard Ahiagbah, has voiced his concern with the disrespectful captioning of the Jubilee House by leaders of the pressure organisation, Democracy Hub.

The organisers of the scuttled demonstration in Accra on Thursday, Democracy Hub, had dubbed the protest to occupy the precincts of the seat of government, Jubilee House, #OccupyJulorBiHouse, with ‘julorbi’ being a parody of the official name of the presidency in the Ga language, which loosely translates as ‘the child of a thief’.

Mr Ahiagbah, who backed citizens’ freedom to demonstrate, disagreed with the disparaging portrayal of the presidency.

“I don’t agree with the derogatory caption of the Presidency by the organizers of the demonstration, but impeding their right to peaceful assembly is an affront to democracy, plain and simple.”

The NPP Communications Director pointed out that there have been numerous peaceful demonstrations during President Akufo-Addo’s presidency, including the Arise Ghana demo and the Kume Preko demo, which he said did not record such events as happened on Thursday, and wondered why anyone would think the government was behind the disruption of Thursday’s demonstration.

“This is not the publicity we need on a day such as this…Allow!,” he said, in apparent condemnation of the police action.

He highlighted that the Ghana Police Service’s meddling and arrest of demonstrators who took part in the #OccupyJulorBiHouse movement is a violation of the people’s rights.

Mr Ahiagbah stressed in a post on Thursday, September 21, that “the people’s ability to engage in peaceful demonstrations is an inherent democratic right.”

Any action that prevents persons from enjoying this basic freedom, in his opinion, is just wrong.

According to Democracy Hub, the rally was held to stress their demands for lower living costs, an end to corruption, and improved governance, among other things.

However, in the early hours of Thursday, September 21, police detained 49 protestors, accusing them of unlawful assembly and violating the Public Order Act.

The detained individuals ignored court documents filed on the organisers, Democracy Hub, to prevent them from carrying out the scheduled rally.

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OccupyJulorBiHouse: Arresting protesters was unwarranted – Naana Opoku-Agyemang

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Several demonstrators were detained and escorted to the Regional Police Headquarters, including Fix The Country chairman Oliver Barker Vormawor. They were detained in the early hours of September 21 for violating a police order prohibiting the march.

Prof Jane Naana Opoku-Agyemang, the National Democratic Congress (NDC)’s 2020 running mate, has responded to the arrest of #OccupyJulorBiHouse activists.

It is undemocratic and useless, she claims.

The former Education Minister stated on Twitter that the police should have engaged the demonstrators rather than arrest them.

As a result, she has supported demands for the demonstrators to be arrested immediately.

https://x.com/NJOAgyemang/status/1704832264251601273?s=20

Several demonstrators were detained and escorted to the Regional Police Headquarters, including Fix The Country chairman Oliver Barker Vormawor.

They were detained in the early hours of September 21 for violating a police order prohibiting the march.

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Military takeovers are not a solution to Africa’s economic issues – Asantehene

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Several African nations, including Niger and Gabon, have undergone coups in recent years. The most recent event happened in Gabon on August 30, when military soldiers took control and proclaimed the annulment of election results that had pronounced President Ali Bongo the winner. The announcement of the Electoral Commission generated suspicions of fraud by the opposition.

The Asantehene, Otumfuo Osei Tutu II, has voiced grave worry over the growing number of coups on the African continent.

He links these military takeovers to nations’ difficult economic situations, which resulted in the deposition of democratically elected governments.

Otumfuo Osei Tutu II spoke out strongly against military coups as a solution to Africa’s issues during the St. Andrews Africa Summit in Scotland.

He emphasised that, regardless of the circumstances, armed takeovers are not the solution.

“Let me make it categorically clear that regardless of the circumstances, I do not think that a military takeover offers the solution to the problems of our continent. There was a time when circumstances produced the notion that the gun was the solution, those times are over. We are in completely different circumstances now. The critical problems confronting Africans’ economy from North to South, East to West, the burden is the economy,” the Asantehene said.

Several African nations, including Niger and Gabon, have undergone coups in recent years.

The most recent event happened in Gabon on August 30, when military soldiers took control and proclaimed the annulment of election results that had pronounced President Ali Bongo the winner.

The announcement of the Electoral Commission generated suspicions of fraud by the opposition.

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