Finance Minister Dr. Mohammed Amin Adam to Present 2024 Mid-Year Budget Review

Finance Minister Dr. Mohammed Amin Adam will today present the 2024 Mid-Year Budget Review in Parliament. This will be his first budget presentation since becoming Finance Minister in February 2024, in accordance with Section 28 of the Public Financial Management Act, 2016 (Act 921).

The review will update the House on the implementation of the 2024 Budget and provide revised financial plans and an updated economic outlook for Ghana. A statement from the Ministry on July 22 said the review would cover economic and fiscal performance for the first half of the year, growth measures, revenue, expenditure performance, financing, and debt sustainability.

Dr. Amin Adam will also update Parliament on the $3 billion IMF-supported Post-COVID-19 Programme for Economic Growth (PC-PEG). This program aims to support Ghana’s economic recovery and growth post-pandemic, ensuring sustainable development and fiscal stability.

The presentation is expected to highlight the government's efforts to boost economic growth, manage public finances prudently, and navigate the challenges posed by global economic uncertainties.