Government Mandates 20% Budgetary Cut to Anchor Fiscal Stability
Finance Minister Ken Ofori-Atta has announced a significant 20% reduction in planned government expenditure for the 2022 fiscal year to ensure the nation’s financial commitments align strictly with actual revenue inflows. Although Parliament had previously authorized a total spending package of ¢135.6 billion, the Ministry of Finance has invoked the Public Financial Management Act to […]