2014 budget statement of ghana pdf free

Sowing the seeds for growth and jobs presented to parliament on thursday, 2nd march, 2017 by ken oforiatta minister for finance years on gh mobilising for ghana s future on the authority of his excellency nana addo dankwa akufoaddo. This analysis looks at gaps and opportunities for women and children. House approves the budget statement and economic policy of the government for the year ending 31st december 2010. The budget realigns a number of tax initiatives in order to meet key national priorities. It is comparatively easy to prepare and doesnt require sophisticated financial skills. Accra ghana will announce an economic growth target of 8% in 2014 in its budget on tuesday and will seek to trim its budget deficit to 8. The budget highlights the removal of most of what the government of the new patriotic party npp considers nuisance taxes. The 2015 budget statement and economic policy of the government and the citizens budget are available on the internet at. Budget statement and economic policy of the government of ghana for the 2016. The budget statement and economic policy of the government of ghana for the 2015 financial year presented to parliament on wednesday, 19th november 2014 by seth e. A positive value indicates a budget surplus, a negative value indicates a deficit.

There is a successor plan for the next term gsgda ii. The lineitem budget, which is the most widely used of all budgeting systems, offers many advantages. This chapter presents information on background of the study, statement of the problem, objectives of the study, research questions and significances of the study. Sample balance sheet of hotel business notes each component of financial statement is to be valued at vep amount. Nov, 2015 the sales tax rate in ghana stands at 12.

Annual reports ghana arg houses financial information of companies listed on the ghana stock exchange and collective investment schemes licensed by ghana s securities and exchange commission. The 2017 budget statement and economic policy of the government of ghana is also. On wednesday, november 19, 2014, the government of ghana presented to parliament the budget statement and economic policy for the 2015 financial year. Budget 2011 documents published on 7th of december 2010 are available below. Commentary the initiativestools announced in the 2014 budget. The 2016 budget statement and economic policy of the government of ghana is also available on the. Assessment of the mtef in ghana john short reprim, uk overseas development institute london may 2003 this study forms part of a multicountry study assessing the design and application of the mediumterm expenditure framework mtef as a tool for poverty reduction in selected african countries.

Box mb 40 accra ghana the 2019 budget statement and economic policy of the government of ghana is also available on the internet at. Ghana 2019 budget commentary and tax highlights deloitte. As it is commonly known, a budget is an instrument of government economic. The files can also be accessed and downloaded from the widget. Mar 02, 2017 today march 2, 2017, the minister of finance, ken ofori atta presented the governments budget statement to parliament. Financial report ghana national petroleum corporation. We have audited the accompanying consolidated financial statements of ghana national petroleum corporation and its subsidiaries together, the group set out on page 6 to 66 which comprise the consolidated statement of financial position as at 31 december 2015, and the consolidated statement. How tor md allegedly facilitated bribe payments to government officials, mps in 201516. Madam speaker, it is my duty once again, to present to this honourable house and to the people of ghana the 2010 budget statement and economic policy on behalf of his excellency, president john evans atta mills. Ghana citizens budget international budget partnership. The budget highlights of the budget statement and economic policy of the government of ghana for the 2016 financial year presented to parliament on friday, th november 2015 by seth e. Overall summary 3 sectorial performance for 20 sector growth rate target % outturn % % of gdp agriculture 4. Ghana governments 2015 budget statement highlights. To purchase copies of the statement, please contact the public relations office of the ministry ministry of finance public relations office new building, ground floor, room 001 and 003 p.

Financial statement ministers speech online pdf download summary of 2011 budget measures policy changes pdf. Technical committee on trade, customs and free movement. Annual reports ghana for financial information on listed. Members, my statement to this honourable house this morning is divided into five parts.

The budget statement and economic policy of the government of ghana for the theme. Her responsibilities in the world bank also include preparing, supervising, and evaluating lending operations at the country level. Consolidated statement of comprehensive income for the year ended 31 december 2014 in millions of chf notes 2014 20 profit for the year recognised in the income statement 14 904 10 445 currency retranslations recognised in translation reserve 2 660 3 160 reclassified from translation reserve to income statement 1 003 214. On the authority of the president, and in accordance with article 179 of the 1992 constitution, permit me to present to this august house, the budget statement and economic policy of the. Madam speaker, i beg to move that this august house approves the budget statement and economic policy of. On the authority of the president, and in accordance with article 179 of the 1992 constitution, permit me to present to this august house, the budget statement and economic policy of the government of ghana for the 2018 financial year. Ghana governments 2015 budget statement highlights news ghana. The 2019 budget statement and economic policy is under the theme a stronger economy for jobs and prosperity.

Key highlights of 2018 budget statement and economic policy. Allocations to relevant nutritionsensitive sectors are very low budget statement 2015 1 empowering our people through sustained economic growth and prosperity budget statement 2015 september 8, 2014 presented by senator the honourable larry howai minister of finance and the economy government of the republic of trinidad and tobago. Budget statement and economic policy to parliament on behalf of the president as required by the constitution of ghana. The theme for the budget was transformational agenda. I do not take lightly the significance of this moment and opportunity we are granted annually to determine how the precious assets of ghana our people, our land, our natural. In ghana, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. Dr richmond aryeetey is a senior lecturer at the university of ghana school of public health, where he teaches public health nutrition.

However, the proportion of the national budget that goes to direct nutrition interventions is not evident in the budget. The minister for finance and economic planning noted that the adoption. The budget templates will present your expenses and budget as a worksheet so that you can get in touch with your moneysaving methods. Cash at bank this closing bank balance of a year from the bank reconciliation or bank statement which is ending balance as at 31st december. The budget statement and economic policy of the government of ghana for the financial year. It is easy to understand where you can calculate the difference for any under or over spending that you must consider. Below are the key highlights of the tax initiative that the government has proposed. Outlining the policy initiatives, he said, we will eliminate nuisance taxes and provide tax incentives to. The budget was presented at a time the world economy was recovering from the food, energy and financial crises that had engulfed the globe in 20072008. The budget highlights years on gh mobilising for ghana s future on the authority of his excellency nana addo dankwa akufoaddo president of the republic of ghana budget statement and economic. The services sector continues to drive the economy, accounting for approximately 50% of total gdp from 2012 to 2014. Ghana s minister of finance, ken oforiatta, presented the 2018 budget statement and economic policy to parliament on wednesday, 15 november 2017. Finance and economic planning minister seth terkper tuesday presented the governments 2014 budget and financial statement to parliament.

The 2018 budget statement and economic policy of the government of ghana is also available on the internet at. The minority in parliament has stated that the 2014 budget statement and economic policy of the government is retrogressive and would not tackle the everyday challenges of ordinary people. Ghana 2014 budget statement free ebook download as pdf file. In ghana, the minister for finance on behalf of the president is required by law to. Dzongkhags and other entities that receive and manage budget allocations through the government budget. Today march 2, 2017, the minister of finance, ken ofori atta presented the governments budget statement to parliament. Also, the lineitem budget is straightforward, simple to administer, and readily understood by the city council, city employees, and citizens. Ghana s medium term debt strategy 2012 2014 page 6 acknowledgement this medium term debt management strategy mtds paper as prepared by the ministry of finance and economic planning outlines governments preferred strategy to guide debt management operations in the year 2012 2014. Ministry of finance public relations office new building, ground floor, room 001003 p. Find below downloadable documents on the 20 budget statement and economic policy of ghana. Terkper minister for finance on the authority of his excellency president john dramani mahama. On the back of previous years budget which emphasized improvement in production and revenue generation, the 2018 budget has been themed putting ghana back to work. Terkper minister for finance on the authority of his excellency president john dramani mahama republic of ghana. Nutrition sensitivity of the 2014 budget statement of republic of ghana.

Oct 28, 2019 the statistic shows ghana s budget balance in relation to gdp between 2014 and 2018, with projections up until 2024. Mar 07, 20 find below downloadable documents on the 20 budget statement and economic policy of ghana. Budget the economy the 20 budget was based on the ghana shared growth and development agenda gsgda. Allocations to relevant nutritionsensitive sectors are very low ghana s 2014 budget statement.

Budget statements 19982018 a budget is a plan for the near future detailing saving and spending expenditures. The 2014 budget speech of the government of ghana is also available. The 2015 budget statement and economic policy of the government and the. We perused the budget in its entirety, examining allocations to various sectors with the goal of identifying support for direct nutrition interventions. For copies of the statement, please contact the public relations office of the ministry. The budget statement and economic policy of the government of. It is anticipated that the way the university is funded will change as a result of expected changes in. Terkper minister for finance on the authority of h. Public relations office new building ground floor room 002 or 004 p. Nutrition sensitivity of the 2014 budget statement of republic of ghana volume. The theme for the budget is putting ghana back to work. Pwc 2018 budget highlights 2 i n a bid to consolidate the ghanaian economys path to macroeconomic stability and to boost the productive sectors of the economy, the 2018 budget statement the budget of government of ghana has the theme from stabilisation to growth. Securing the bright medium term prospects of the economy.

Budget statement 2015 1 empowering our people through sustained economic growth and prosperity budget statement 2015 september 8, 2014 presented by senator the honourable larry howai minister of finance and the economy government of the republic of trinidad and tobago. The rest of the changes will be reflected in the 2014 budget. Nutrition sensitivity of the 2014 budget statement of. Assessment of the mtef in ghana john short reprim, uk overseas development institute london may 2003 this study forms part of a multicountry study assessing the design and application of the medium. Ghana issues 2014 budget on 19 november 20, the government of ghana issued its 2014 budget budget. John dramani mahama president of the republic of ghana republic of ghana. The present paper assesses the nutrition sensitivity of ghana s budget statement for the year ending 31 december 2014. Opposition npp say budget fails to tackle challenges news ghana. Fob free on board fobs forward operating bases fwsc fair wages salaries commission. Ghana budget balance in relation to gdp 2024 statista. This alert highlights fiscal policy initiatives from the 2014 budget statement and economic policy in relation to. The appropriation act, 2019 act 1008 2019 budget statement. Key highlight of the 2018 budget statement and economic policy.

Ghanas medium term debt strategy 2012 2014 page 6 acknowledgement this medium term debt management strategy mtds paper as prepared by the ministry of finance and economic planning outlines governments preferred strategy to guide debt management operations in the year 20122014. Planting materials will be given to farmers, freeofcharge to enable them. Ken oforiatta, presented the 2019 budget statement and economic policy to parliament on thursday 15 november, 2018. Partneringwofagric 2019 set to reverse the unsung herorecruitment of programme staffclimate. The budget statement and economic policy of the government of ghana for the 2016 financial year presented to parliament on friday, th november 2015 by seth e.

It consists of a list of all planned expenses and revenues. In some lowincome countries, it is estimated that the poorest children receive up to 18 times less public education financing than the wealthier children. Budget 2015 contents page summary of 2015 budget measures policy changes a. On the authority of the president, and in accordance with article 179 of the 1992 constitution, permit me to present to this august house, the budget statement. Financial statements contents financial statements 128 independent auditors report consolidated financial statements 3 consolidated income statement 4 consolidated statement of comprehensive income 5 consolidated balance sheet 6 consolidated statement of changes in equity 8 consolidated cash flow statement notes to the consolidated financial statements. Nov 15, 2015 ghana budget 2016 budget statement and economic policy 2016 1. The budget is anchored to the countrys medium term vision and priorities of government, incorporates. Additionally, due to the economic crisis and the lack of priority given to education by donors, much needed external financing has.