Ghana’s economy will continue to grow - Terkper

Ghana’s economy will continue to grow - Terkper

20-11-2014 Hits:184 Business & Economics AGN Editor - avatar AGN Editor

Accra, Nov. 19, GNA – Finance Minister Seth Terkper in his presentation of the 2015 Budget Statement to Parliament on Wednesday, predicted that Ghana’s economy will continued to grow at...

‘Government will continue to implement bold economic measure…

‘Government will continue to implement bold economic measures’

20-11-2014 Hits:108 Business & Economics AGN Editor - avatar AGN Editor

Accra, Nov. 19, GNA – It was the cumulative overrun in the wage bill of over GH¢1.9 billion, in addition to over GH¢3 billion overrun in arrears for 3 years...

Finance Minister presents 2015 Budget Statement

Finance Minister presents 2015 Budget Statement

20-11-2014 Hits:162 Business & Economics AGN Editor - avatar AGN Editor

Accra, Nov. 19, GNA – Ghana’s successful structural transformation rests on three strategic interventions, one of which is the strengthening and deepening of the essential elements and institutions of good...

2013 Composite Budget Hearing of MMDAs held in Takoradi

 

Takoradi, Oct.1 GNA - Mr. Paul Evans Aidoo, Western Regional Minister, on Monday said government is determined to implement the Composite Budget concept to its logical conclusion, despite challenges.
     He said notably among the setbacks, was the inability of the Central Government to realize financial resources for greater part of 2012,
      Mr. Aidoo said these when he was opening the Regional Budget Hearing for 2013 Composite Budget of Metropolitan, Municipal and District Assemblies (MMDAs) in the region, in Takoradi.  

     He said: “We in this region remain committed to support this Government’s effort and it is in this direction that I entreat all Assemblies to take this exercise seriously”.
     Mr. Aidoo said the proper execution of programmes and projects by MMDAS based on the implementation of the composite budget concept is a prerequisite for easy coordination and good governance.
     He said it is also a prerequisite for the flow of financial resources from the Central Government to the MMDAs, and would contribute towards the improvement of service delivery capacity.
     Mr. Aidoo said the Hearing provided the platform for the participants to discuss plans and estimates for the Assemblies, and to review the work of affected decentralized departments to ensure that their activities were in accordance with the Government’s macroeconomic policy framework, and that funds allocated would be used for national development.
     Mr. Aidoo said the Hearing is also to ensure that stakeholders participated in the preparation of  Composite Budget of their respective Assemblies and monitor the performance and implementation of plans and estimates.
     Mr. David Yaro, Chief Director of the Regional Coordinating Council, said Composite Budget Hearing has come to stay, and it was compulsory for Metropolitan, Municipal and District Chief Executives, Coordinating Directors and other staff of the assemblies to attend the hearing.

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 See More  Last Update: 28th August, 2014.