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The Centre for Public Policy and Economic Analysis (CePPEA) has commended the Finance Minister for a stellar job so far in his short stay in office.

Commenting on the minister’s presentation of the Mid-year Budget Review on TV Africa’s Breakfastlive show, Mr Seth Offei, the Director of Public Policy at CePPEA scored the minister 80% for his ability to get a much partisan house to support him in delivering his mandate. This Mr Offei believes this is happening because of how well the minister has started in that office, adding that he will need to so more work.

” It was the first time I saw the minority not heckling the Finance Minister. So you could see the Finance Minister was able to rally the opposition leaders around so that they bought into his idea in presenting his fiscal policy for the ensuing months remaining in the year. On that score I will give him about 80%,” Mr Offei said.

Mr. Offei added that he hoped with the support the minister received in Parliament, he would leverage on that to maintain a decent fiscal space – especially in an election year- as all economic indicators pointed to the fact that the economy is re-bouncing.

“I will suggest to the Finance Minister to make sure that the fiscal space which he intends to manage very well is indeed managed as he promises and not like in every election year where there will be overspending as a result of trying to please demands of electorates,” he noted.

” In connection with this, the government can not overspend because the IMF is monitoring the economy that is why most of the figures are maintained. There must be discipline among the spenders of Ghana’s money, however, there will be more demand since this is an election year.”

He however expressed confidence in the Finance Ministry’s ability to navigate the country’s economic challenges.

 

By: Ndinki Obed

 

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