General News of Monday, 29 November 2021Source: www.ghanaweb.comParliament rejects 2022 budgetGovernment to use emergency fund if budget is not approvedGovernment business grinds to a halt if emergency fund usage is not approvedFollowing the rejection of the 2022 budget and Economic policy on Friday, November 26, questions on how government is going to fund its operations have become a matter of concern to every Ghanaian. According to Article 178 of the 1992 Constitution, parliament is the only authority that has the power to approve funds for government’s expenditure. This means that if the budget is not approved before January, government will use an emergency funding from the consolidated fund which will be activated every three months until the budget is finally passed by parliament. TWI NEWSHowever, Ghana is yet to experience a standstill in government’s expenditure. This phenomenon although new in Ghana is common in the US, where the US Senate sometimes refuses to pass the budget and also fails to pass emergency funding leading to the shutdown of some government services.

Source: GhanaWeb November 29, 2021 13:15 UTC