General News of Friday, 1 March 2013

Source: peacefmonline

2013 budget to be presented on Tuesday

Finance Minister Seth Terkpe will present the 2013 Budget and Government financial policy statement to Parliament on March 5, 2013.

Deputy Majority Leader, Alfred Kwame Abgesi, informed members about the event when he presented the business statement for the week ending 8th March, 2013.

He urged members to avail themselves on the said day.

The budget which will be read ahead of the Independence Day celebrations is expected to focus on massive infrastructural development, stabilizing the economy and accelerating growth.

Currently, government is working with an "interim budget" of GH¢ 6 billion to take care of its expenditure for January to March this year.

This covered interest payments, compensation of employees, statutory payments and subsidies.