General News of Wednesday, 24 July 2024

Source: classfmonline.com

2024 Mid-Year Budget Review uninspiring, hopeless - Ato Forson

Minority leader Dr. Cassiel Ato Forson Minority leader Dr. Cassiel Ato Forson

Minority leader Dr. Cassiel Ato Forson has criticized the 2024 Mid-Year Budget, describing it as uninspiring and hopeless.

The Ajumako-Enyan-Essiam Member of Parliament attributed this sentiment to what he sees as a consistent pattern of the Akufo-Addo administration.

On Tuesday, July 23, finance minister Mohammed Amin Adam presented the 2024 Mid-Year Budget review to Parliament.

During his address, Dr. Amin Adam emphasized the government's commitment to fiscal discipline, assuring that they would adhere to budgetary allocations and manage expenditures carefully to avoid overspending.

Despite these assurances, Dr. Ato Forson expressed his concerns to the media in Parliament, urging Ghanaians to brace for more hardship.

The former Deputy Minister for Finance argued that the government missed an opportunity to provide relief by abolishing certain taxes, which could have cushioned Ghanaians and businesses alike.

"This mid-year review leaves many people disappointed and uninspired. It gives no hope to the ordinary Ghanaian that anything will be done to change the unbearable hardships that confront the people of Ghana."

"In the last eight years, Akufo-Addo and Bawumia have burdened Ghanaian businesses and individuals with a high tax regime," he stated.