‘Asempa’ budget now ‘asembone budget’ – Ato Forson

FORMER deputy Finance Minister, Ato Forson, says government’s revision of some of the targets in its 2017 budget portends bad news for the Ghanaian taxpayer.

He has described the 2017 budget as ‘asembone’ budget despite government touting its economic policy as an ‘asempa’ budget.
The Minority argue that cuts in expenditure hurt the Ghanaian.
Ato Forson explained that the expenditure cut of around GH?600 million, would mean public sector employees would go to work but “will not have tools to work”.
In addition, he said contractors working on projects would not be paid on time.
He said government is failing to discount the impact of the shutdown of FPSO Kwame Nkrumah on the economy. The shutdown, which will last for 12 weeks, will mean revenue shortfalls from oil.
He said despite this reality, the government still maintains its 6.3% GDP growth rate for 2017 and predicted, the NPP government “will be exposed big time” by the end of the year.

-joyonline

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ABOUT: Nana Kwesi Coomson

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An Entrepreneur, Corporate Social Responsibility, Corporate Communications Executive and Philanthropist. Editor-in-Chief of www.233times.com. A Senior Journalist with Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. His first degree is in Bachelor of Arts - Political Science (major) and History (minor) from the University of Ghana. He holds MSc in Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) from the Robert Gordon University in the United Kingdom. He is a 2018 Mandela Washington Fellow who studied at Clark Atlanta University in USA on the Business and Entrepreneurship track.

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