Finance Minister to present 1st quarter budget for 2021 on Wednesday

The Minister of Finance, Ken Ofori Atta, is expected to present to Parliament an Advanced Budget; covering government spending for the first quarter of 2021 on Wednesday, October 28, 2020.

The expected presentation, known as Expenditure in Advance of Appropriation is a standard practice rolled out in election years to prevent transitional challenges in the smooth running of government for the first three months in the year after elections.

This was made known by the Majority Leader and Minister for Parliamentary Affairs, Osei Kyei-Mensah-Bonsu when he briefed Parliament on its activities in the coming week.

“The Finance Minister will present to the House on Wednesday 98, 2020, Expenditure in Advance of Appropriation that is for January 1, 2021 to March 31, 2021. The House is also expected to consider the report by the Finance Committee and take the consequential parliamentary actions.

“As recommended during the previous presentation statements, the House is programmed to sit on Monday, October 26, 2020, and be extended beyond 2 pm.”