Comprehensive  Ghana Oil and Gas news, information, updates, analysis


News in Brief

Government must prioritise its Expenditure- Samuel Bekoe

  • SOURCE: | Editor
  • SAM BEKS

    An economic analyst at Ghana oil and gas for inclusive growth (GOGIG), Samuel Bekoe has advised Government to carefully prioritise its expenditure.

    He said prioritising expenditure was very important for government to plan and subsequently implement them, as it cannot carry out all its projects in a year.

    Speaking at the National Dialogue on Sustainable funding of ‘’Free SHS’’ policy in Accra, he explained that with the current tight fiscal space in the economy, it was important for government to plan its expenditure and carry them out over time.

    Mr Bekoe also outlined some significant measures to help manage the country’s economic deficit.

    He said in his presentation, expensive recurrent expenditure, electoral cycle spending, unplanned spending, Contingent liabilities drive most of our deficits, persistent borrowing and budget arrears are things driving the country’s deficit.

    On how to reduce that, he reiterated the need for a consensus between politics, managerial and bureaucrats to ensure effective managed our revenue. He said there is also the need for government to carefully enact a strategy spending rule for all sectors in the country.

    The National Dialogue among other objectives seeks to advocate for additional information on an implementation and costing strategy which states the government’s plan for rolling out the Free SHS policy and manage public expectations.

    The event saw the participation of Civil Society groups, stakeholders, policy advocates, public institutions and media personals.

    www. Reportingoilandgas- Jacqueline Pardikie Parditey

     

     

    Share this article

    Leave a reply

    Personality of the Month
    Poll

    Do you think the President should fund the free SHS with oil revenue?

    Follow Us Online
    About Us
    Reporting Oil and Gas project was launched on 4th June 2009 at Takoradi, Western Region, Ghana by Penplusbytes (www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector read more
    Events Calendar
    << Sep 2018 >>
    MTWTFSS
    27 28 29 30 31 1 2
    3 4 5 6 7 8 9
    10 11 12 13 14 15 16
    17 18 19 20 21 22 23
    24 25 26 27 28 29 30
    Twitter Activity Stream
     

    Partners We are proud to be associated with:

    Skip to toolbar