PFM Tax Africa’s view on 2021 mid-year budget review

PFM Tax Africa views the 2021 mid-year budget review by Finance Minister, Ken Ofori-Atta as inadequate, failing to satisfy the legal requirement and obligations under section 28 of the Public Financial Management Act 2016 (Act 961). We classify the minister’s presentation, not lightly, as virtual non-review.

See below our news release on the minister’s presentation as well as our assessment of the recent IMF’s Article IV consultation.