The 2022 Budget Statement and Economic Policy of Government will focus primarily on reducing unemployment and expanding on the economy’s recovery from the COVID-19 pandemic, the Ministry of Finance has said.
In a statement, the ministry said the Budget will also focus on import substitution, digitisation of the economy, skills development and entrepreneurship, among other points.
“In accordance with Article 179 of the 1992 constitution and Section 21 (3) of the Public Financial Management Act 2016 (Act 921), the Minister for Finance, Ken Ofori-Atta, will, on behalf of the president, lay before Parliament the 2022 Budget Statement and Economic Policy of Government on Wednesday 17 November 2021,” the ministry said.
“The Budget will primarily focus on expanding on the economy’s recovery from the COVID-19 pandemic, as well as creating a climate-friendly entrepreneurial state to address unemployment and import substitution.
“Digitalisation of the economy, skills development and entrepreneurship will also feature prominently in the presentation,” it also said.
Review road tolls
Meanwhile, the Ghana Private Road Transport Union (GPRTU) has called on the government to review the payment of road tolls in the country.
Godfred Abulbire Adogma, the GPRTU general secretary, said Ghana should substitute paying of road tolls with a one-pesewa increment on the Energy Levy. This will provide more than enough to cover any losses from monies collected at various toll booths across the country.
“When you come to the issue of road tolls, even if the government decides to raise the current amount of GHC1 to GHC2, that wouldn’t be enough,” Adogma said.
“So, we have itemised all the reasons and the government could scrap all the toll booths and rather charge an amount per litre of fuel. That can be another measure to prevent revenue leakages,” he said.
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