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Terkper’s budget review in parliament to be cancelled

This follows an objection raised by Minority Leader Osei Kyei Mensah-Bonsu to the timing of the Finance Minister’s presentation, as it would clash with the schedule of late MP for Abetifi, Peter Wiafe Pepra’s funeral.
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Finance Minister Seth Tekpers’ mid-year budget review to Parliament tomorrow, Friday 22 July, may be cancelled.

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The Deputy Majority Leader, Alfred Agbesi, who delivered the notice of the Finance Minister to the House, agreed with the Minority Leader that the mid-year budget review would have to be postponed.

READ MORE:Full statement 2015 Mid-year review and supplementary budget statement

The second Deputy Speaker, Hon. Joe Ghartey, who presided over the issue, directed the Business Committee of the House to get in touch with the leadership to resolve the matter.

The Finance Minister is expected to deliver a mid-year budget review to realign financial target with revenue shortfalls in the year.

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The Minister is supposed to reduce revenue targets for 2016 in line with falling international commodity prices.

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