2015 budget statement of ghana pdf files

Securing the bright medium term prospects of the economy. Government in its 2016 budget statement projected 5. The government budget balance is the difference between g. Realigning the budget to meet key national priorities is the theme for the governments 2014 budget and statement of economic policy.

Internally generated revenue igr and effectiveness of. The budget highlights of the budget statement and economic policy of the government of ghana for the 2016 financial year presented to parliament on friday, th november 2015 by seth e. Budget statement 2015 5 empowering our people through sustained economic growth and prosperity madam deputy speaker, our economy has performed admirably in the face of the adverse cumulative effects of the difficult external environment and the turbulence in financial markets brought about by the 20082009 global financial crisis. The 2018 budget statement and economic policy of the government of ghana is also available on the internet at. The 2015 budget statement and economic policy of the government of ghana is also available on the. The budget statement and economic policy of the government of ghana for the 2016 financial year presented to parliament on friday, th november 2015 by seth e. In the medium term, government aims to reduce the budget deficit to 3. Box mb 40 accra ghana the 2017 budget statement and economic policy of the government of ghana is also available on the internet at. Explanation and analysis of fiscal policy, components and numbers august 2015 biodun adedipe, ph. Every other allocation made to the sector from 1960 to 20. Optimizing ghanas fiscal rule natural resource governance.

Signifi cant reduction in the budget deficit is com mensurate to significant growth and in creased revenue mobilisation. The 2015 budget statement and economic policy of the government of ghana is also available on. Voluntary contributions by fund and by contributor, 2015 1. Ghana recorded a government budget deficit of 3582.

Just like the previous year, 2016 was momentous for world vision ghana in particular and the entire. The services sector continues to drive the economy, accounting for approximately 50% of total gdp from 2012 to 2014. The budget statement and economic policy of the government of ghana for the financial year. Records from the central bank of nigeria 2012 shows that the highest annual budget allocation to the education sector was 17. Kwabena duffuor minister of finance and economic planning on the authority of h. The budget statement and economic policy of the government. In a change to the practice for years until 31 december 2014, this year the financial. Budget statement and economic policy of the government of ghana for the. We have audited the accompanying consolidated financial statements of ghana national petroleum corporation and its subsidiaries together, the group set out on page 6 to 66 which comprise the consolidated statement of financial position as at 31 december 2015, and the consolidated statement. Partneringwofagric 2019 set to reverse the unsung hero8th annual preharvest conference and. Speaker, as stated in the 2016 budget statement, government adopted the. On the back of previous years budget which emphasized improvement in production and revenue generation, the 2018 budget has been themed putting ghana back to work.

Ghana budget 2016 budget statement and economic policy 2016 1. This analysis looks at gaps and opportunities for women and children. Voluntary contributions by fund and by contributor, 2015. Highlights of 2016 budget statement ghana business news. Applications for permission to reproduce or translate all or any part of this publication should be made to. As shown in the 2015 unicef investment case for education and equity report, education contributes to higher. Financial statement ministers speech online pdf download summary of 2011 budget measures policy changes pdf.

To purchase copies of the statement, please contact the public relations office of the ministry ministry of finance public relations office new building, ground floor, room 001 and 003 p. Finance ministers statement on 2015 budget news ghana. These policies are contained in the 2015 budget read by the. Ghanas minister of finance, ken oforiatta, presented the 2018 budget statement and economic policy to parliament on wednesday, 15 november 2017. We have audited the accompanying financial statements of university of ghana set out on pages 5to 25.

To cope with the oil shock and to reduce their fuel subsidy, saudi arabia has also raised the price of gasoline by 80 percent in the last year. Budget 2011 documents published on 7th of december 2010 are available below. Mar 07, 20 find below downloadable documents on the 20 budget statement and economic policy of ghana. Ghanas participation in the g20 compact with africa cwa indicates its strong appetite for reforms, seeing as its reform commitments were already reform actions under its international monetary fund imf extended credit facility programme. Box mb 40 accra ghana the 2019 budget statement and economic policy of the government of ghana is also available on the internet at.

The files can also be accessed and downloaded from the widget. The minister for finance and economic planning noted that the adoption of this theme is to ensure progress against the following goals. The minister of finance, hon seth tekper, on tuesday, m arch 12th 2015, presented to the house of parliament the budget statement. The budget, the first under the nana akufoaddo administration, has been dubbed the asempa budget by supporters and is aimed at cutting taxation and unleashing economic growth. The budget was presented at a time the world economy was recovering from the food, energy and financial crises that had engulfed the globe in 20072008. The finance minister, ken oforiatta, presented the 2017 budget statement to parliament earlier today thursday, march 2. Government plans to further reduce the budget deficit to 6. It consists of a list of all planned expenses and revenues. Financial report ghana national petroleum corporation. The relationship between smartphone use and academic performance. Terkper minister for finance on the authority of his excellency president john dramani mahama. Ghana international bank plc chairmans report 2 on behalf of the board, it is my honour to present to you the 18th annual report and financial statements of ghana international bank plc ghib the bank for the year ended 31 december 2015.

The budget statement and economic policy ghana news. It is in essence a derivative, which has evolved from a threeyear rolling, medium term expenditure framework mtef in nigeria. A national designated authority nda operations manual and a project. Box mb 40 accra ghana the 2015 budget statement and economic policy of the government of ghana is also available on the internet at. The 2015 budget statement and economic policy of the government of. First, the economic reforms of 1983 which led to the removal of agricultural. Nov 15, 2015 ghana budget 2016 budget statement and economic policy 2016 1. Read the 2017 budget statement of ghana full textpdf.

Budget statement and economic policy to parliament on behalf of the president as required by the constitution of ghana. The budget statement and economic policy of the government of. It always gives me great pleasure to make a statement on the efforts of world vision ghana to ensure measurable improvements in the wellbeing of children and their families in ghana. Terkper minister for finance on the authority of h. Nov, 2015 government budget value in ghana averaged 974. The report in most parts is presented in a matrix format to make it easier to compare what was. Preamble ghanas minister for finance, ken oforiatta, presented the 2017 budget statement and economic policy to parliament on thursday, 2 march, 2017. Public relations office new building ground floor room 002 or 004 p. Indeed, ghanas debt to gdp ratio had increased from 32 percent in. The budget determines the services that will be offered by your library and the resources devoted to each library program. Public accounts on the national monitoring and evaluation manual. Home general news highlights of 2016 budget statement. Indeed, ghanas debt to gdp ratio had increased from 32 percent in 2008 to 73 percent by the end of.

Ministry of finance public relations office new building, ground floor, room 001 and 003 p. The specific macroeconomic targets for 2015 are as follows. According to the imfs october 2015 world economic outlook weo, global. For copies of the statement, please contact the public relations office of the ministry. John dramani mahama president of the republic of ghana republic of ghana. Find below downloadable documents on the 20 budget statement and economic policy of ghana. A case of students in a malaysian tertiary institution siew foen ng 1, nor syamimi iliani che hassan 2, nor hairunnisa mohammad nor 3, nur ain abdul malek 4 11centre of language studies and generic development, universiti malaysia kelantan. On wednesday, november 19, 2014, the government of ghana presented to parliament the. Government is anticipating that by 2015 child mortality. Speaker, on thursday, 12th march, 2015, i came to this house to provide information and apprise the people of ghana on the implications of the decline in crude oil prices and its impact on the 2015 budget. In that statement, i also outlined steps government had taken and others it.

To purchase copies of the statement, please contact the public relations office of the ministry. As it is commonly known, a budget is an instrument of government economic policy and a strategy to deal with a country. The 2015 budget statement and economic policy of the government and the citizens budget are available on the internet at. Budget statement and economic policy and supplementary estimates of the government of ghana for the 2014 financial year presented to parliament on wednesday, 16th july, 2014. Ghana 2017 budget commentary and tax highlights 4 economy and. Key highlight of the 2018 budget statement and economic policy theme.

The present report supplements the who programmatic and financial report for 20142015, including audited financial statements for 2015. Human resource management policy framework and manual. International idea publications are independent of specific national or political interests. The theme for the budget was transformational agenda. These financial statements comprise the balance sheet as at 31december 2015, the statement offinancial performance and cash flow statement for the year then ended, and a summary of significant accounting policies and other explanatory information. Government stated in the 2015 budget statement and economic. Human resource management policy framework and manual across the public services by. Pbb format, and subsequently approved by parliament. Data from the bank of ghana bog showed that the annual growth rate of broad money supply. Computed from national accounts there are a number of factors that may explain the deteriorating performance of the agricultural sector over time. Ghana governments 2015 budget statement highlights news ghana.

Ministry of finance public relations office new building, ground floor, room 001003 p. Putting ghana to work macroeconomic perfor mance for 2017 overall real gdp jan to june 7. The relationship between smartphone use and academic. In some lowincome countries, it is estimated that the poorest children receive up to 18 times less public education financing than the wealthier children. The john mahamaled administration has initiated a number of economic policies aimed at radically reversing the dismal ghanaian economy. Developing the library budget te81 developing the library 8 budget the library budget is a tool for turning library dreams into reality.

Budget speech budget statement and economic policy of the government of ghana for the 2011 financial year presented to parliament on 18thnovember, 2010 by dr. Ghana since 2008 india since 1995 indonesia since 20 mauritius. Please find below a list of comprehensive budget statements spanning 1998 through to 2018. Assessment of the mtef in ghana john short reprim, uk overseas development institute london may 2003 this study forms part of a multicountry study assessing the design and application of the mediumterm expenditure framework mtef as a tool for poverty reduction in selected african countries. Budget statement and economic policy for the 2015 financial year. Resource policy framework and manual to improve human resource. Additionally, due to the economic crisis and the lack of priority given to education by donors, much needed external financing has.