Finance Minister to present 2023 budget statement on Thursday

The Finance Minister Ken Ofori-Atta is expected to present the 2023 budget statement in Parliament on Thursday November 24.

This comes after the New Patriotic Party lawmakers rescinded their decision to boycott the presentation if Mr Ofori-Atta was going to present it.

The Members of Parliament wanted another person other than Mr Ofori-Atta to do so but after an intervention by the NPP leadership, they have agreed to allow him to present the statement.

The budget is expected to outline a number of revenue measures for the ensuing year.

It is also expected to inspire confidence in the economy as the country engages the International Monetary Fund (IMF) for a programme.

The economy has been going through struggles with the local currency performing badly against the major trading currencies especially the Dollar.

Inflation rate has increased to 40.4 percent.

The 2023 budget is expected to address these factors and others.

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