The
processes involved in the preparation of the 2016 budget statement have
begun with broad consultation with various stakeholders within the
national economy.
Section one of Article 179 of the 1992
Constitution enjoins the President to cause to be prepared and laid
before Parliament, at least one month before the end of the financial
year, estimates of the revenues and expenditure of the government for
the following financial year.
The stakeholder consultation is,
therefore, to solicit the input of the various players in the economy on
relevant socio-economic issues that would dovetail into the development
of key policy interventions by the government.
The move is also to promote budget transparency and accountability, as well as ensure the prudent management of state resources.
A
Deputy Minister of Finance, Mr Ato Forson, lauded the input made by
stakeholders that culminated into the preparation and presentation of
the 2015 budget.
He said it also provided a means of tracking the budget in order that the government did not stray from its projected plans. Road contractors
The
national chairman of the Association of Road Contractors, Mr James Ebo
Hewton, bemoaned the imminent collapse of the road sector.
The
sector, he said, played a crucial role in the national economy but noted
that delays in paying contractors was not only killing individual
businesses but also back-rolling development in the road sector.
He
claimed, for instance, that contractors who worked on the country’s
cocoa roads had not yet been paid two after completing the work.
SEND
Ghana, a non-governmental organisation (NGO) which submitted its input
based on consultations with Ghanaians in selected parts of the country,
recommended an increase in the capitation grant to schools to meet
present-day economic realities.
It also called for the promotion
of equity in the distribution of teachers to deprived areas, noting that
the absence of social amenities such as potable water and electricity
in some rural communities was disincentive to teachers posted to such
areas.
The NGO also called for a mandatory budgetary allocation
for the provision of child-friendly schools for all children, including
the physically challenged, to enhance teaching and learning. Sinking Fund
The
African Centre for Energy Policy (ACEP) alleged that the GH¢100 million
that was placed in the Sinking Fund set up by the government had been
used by the Bank of Ghana (BoG) due to the government’s indebtedness to
the bank.
Even though ACEP indicated that the government was
performing well in terms of revenue transparency, it lacked in
transparency and accountability.
The Peasant Farmers Association
of Ghana asked the government to secure funding for fertiliser subsidy
and also create a conducive environment to attract private fertiliser
manufacturers to set up bases in the country to ensure permanent
availability of fertilizer to farmers. |
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