Business News of Monday, 8 March 2021Source: www.ghanaweb.comOsei Kyei Mensah Bonsu expected to read 2021 budget on FridayOsei Kyei Mensah Bonsu is minister for Parliamentary Affairs and Majority Leader in ParliamentOn and on, new and unconfirmed information keeps coming through on who could step into the shoes of Ken Ofori-Atta, the minister-designate for Finance, this Friday, March 12, 2021, to read the 2021 budget. This time though, citinewsroom reports that it has received information that Osei Kyei Mensah Bonsu, the leader of government's business in Parliament, will rather be the one to do do. This 2021 budget is expected to be laid before Parliament this Friday, following which it will be considered and approved, as is the practice. The reports added that last October, Ken Ofori-Atta presented the 2021 Expenditure in Advance Appropriation Budget, which by the law, is to make provisions for the first quarter expenditure as the country’s leadership transitions after the 2020 elections. The expenditure for government for the first quarter of 2021 was estimated at GHȻ27.34 billion, with total revenues and grants expected at GHȻ13.3 billion, whilst total expenditure and arrears clearance was at GHȻ24.01 billion.

Source: GhanaWeb March 08, 2021 11:15 UTC