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Finance Minister holds breakfast meeting with Otabil, Adei over 2017 budget

The Finance Minister had earlier promised that the 2017 Budget will introduce policies that will help rationalize public expenditure, strengthen contract management and realign statutory funds for a priority project.

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Mr Ofori-Atta had earlier indicated that his ministry is liaising with the Economic Management Team to complete ongoing budget hearings to enable them to meet the proposed date for the budget presentation.

He promised that the 2017 Budget will introduce policies that will help rationalize public expenditure, strengthen contract management and realign statutory funds for a priority project.

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Speaking at a forum in Accra, Mr. Ofori Atta said “My challenge is to free the economic space so that people can use the genius of the entrepreneurship that we know is deeply embedded in us, and I have been asking myself how I am going to do all that.

"So yesterday for example, after realising that you are moving into the calculus of the numbers, I called a breakfast meeting in the morning with Otabil and Stephen Adei and Patrick and I asked; guys what are the bold things we should do in this budget. I think we need to think out some risks, some bold and imaginative risks.”

Meanwhile, the Finance Minister has assured that government will not touch the Heritage fund as it finds ways to finance the free Senior High School policy.

“We are financing the Free SHS education without looking at the Heritage Fund. We are not touching the Heritage Fund. I think we have enough resources from our envelope to be able to do it without touching the Heritage Fund…We will not touch the Heritage Fund…there is going to be a budget allocation for that and it does not include the Heritage Fund,” he said.

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