The 2023 Budget Statement and Economic Policy may delay due to talks with the International Monetary Fund (IMF) for a bailout, the Majority Leader of Parliament, Osei Kyei-Mensah-Bonsu, has revealed.
The Budget statement was scheduled to be read on the floor of Parliament on Tuesday, November 15, as stipulated by the Public Financial Act, but according to the Majority Leader, that is likely to be rescheduled due to ongoing discussions with the Bretton Woods Institution.
“I am not sure exactly when, I still need to have some discussions with the Minister responsible for Finance to determine exactly when he will be able to submit the document to us…The discussions that are going on with the IMF, I think it is going to take a while,” the Majority Leader told journalists on Thursday.
Ghana is expecting to receive $3 billion over three years from the International Monetary Fund if an agreement on a program is reached.
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