The Finance Minister, Ken Ofori-Atta, is presenting the 2022 Mid-Year Budget Review in Parliament today, 25 July 2022.
The sector minister was scheduled to deliver the address on Wednesday, 13 July, but the date was changed due to negotiations between the government and the International Monetary Fund (IMF).
The postponement was to allow the government to possibly make some recommendations to the budget.
Among other things, he is expected to provide information on how revenue and expenditure had performed in the first half of the year and the country’s current budget deficit figures.
The highly expectant address will hopefully, see a revision of some of the macro targets in view of challenges that the country is facing as a result of the global phenomenon — COVID-19 and the Russia-Ukraine conflict, which has driven the prices of crude oil up, with its adverse implications on petroleum products.