- December 20, 2022
- Posted by: Amos Ekow Coffie
- Categories: Banking and Finance, Economics, Securities & Bonds
Ken Ofori-Atta, the minister of finance, has received a harsh warning from Parliament not to play with with Ghanaians’ security.
The warning comes after the Finance Minister failed to disburse nearly 81 percent of the Ministry of Defence’s 2022 budgetary allotment for goods and services.
South MP Dayi Rockson-Nelson Dafeamekpor asked the house to discontinue appealing to the Finance Minister during the approval of more than 3 billion cedis for the Ministry for 2023, and demand estimates approved are disclosed.
The Speaker of the House, Alban Bagbin, commented on the situation and advised Mr. Ofori-Atta from doing the same in 2023.
In order to attract more employees, he questioned why the budget’s compensation allocation was increased while other allocations were reduced.
He contends that if workers are not provided what is allotted to them, they will not have the means to do their jobs.
“The safety of people, the community, and the country cannot be compromised. My research at the Ministry and the Controller and Accountant General Department made it quite evident that the government prioritises security agencies. But the performance of 2022 does not demonstrate this, according to Mr. Bagbin.
He claimed he does not get why the Ministry of Defense’s budgetary allotment for products and services—roughly 81 percent—was distributed.
“How do you anticipate them to behave given the current circumstances?” The speaker asked a question.
Source: www.pfmtaxafrica.com/ Amos Ekow Coffie