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Editorial News of Wednesday, 10 February 1999

Source: --

Ghana Palaver

"Government to maintain transparency" goes the headline story of the Palaver on the 1999 budget focus.

The paper quotes Finance Minister, Mr. Kwame Peprah as saying Government will maintain the drive towards transparency, good governance and political stability.

This will be done through the established institutions of parliamentary democracy to facilitate foreign and domestic participation in the economy.

According to the story, economic management will be strengthened with a special focus on monetary policy formulation and implementation.

It also says good public financial management and continued promotion of investor friendly environment will be pursued.

Mr. Peprah, the story said gave a total budget allocation of 2,887b cedis to Administration sector over the medium term spreading out as 1,038 b cedis for 1999, 949b cedis for 2000 and 900b cedis for 2001.

Also carried on the front page is a story that Ghanaians have accepted the 1999 budget. A survey that the paper says it carried, suggested mass acceptance of this year's budget as one of the best.