There are mixed opinions, as Finance Minister Dr. Mohammed Amin Adam is set to present the Mid-Year Budget review before parliament tomorrow, July 23, 2024. Despite assurances from the Ministry that no major changes are expected, the announcement has sparked varied reactions among citizens.
Among those aware of the upcoming presentation, frustration is a common sentiment. One resident expressed their disillusionment, stating, “I’m aware, but I’m not sure what to expect. Seriously, every day I lose hope in the system. We give our leaders so much, and we get so little in return.”
This sentiment was echoed by another individual, who voiced doubts about the government’s commitment to addressing economic challenges. “From what I see, they are not committed to solving our problems since it benefits them.”
For some, the Mid-Year Budget holds little significance. Clement, a resident of Ghana’s industrial city Tema, conveyed his indifference, saying, “I don’t think the yearly budget had any influence on me, so I don’t think I need their mid-year budget reading.” He further urged the government to address issues related to teachers and the payment of monies owed to them.
Conversely, there are those who have specific expectations from the Finance Minister’s presentation. Ebo, another resident of Tema highlighted key areas of interest, such as changes in tax policy, updates on economic growth, and the impacts of inflation on the economy. He also suggested that consolidating certain government institutions could help reduce costs and government expenditure.
While aware of the upcoming mid-year budget review, Alfred Dela expressed mistrust in the yet-to-be-presented budget. “It is riddled with lies,” he said, indicating his lack of interest in the proceedings.
Meanwhile the budget is expected to mirror Ghana’s programme with the International Monetary Fund such as tightening of expenditure and mobilizing of domestic revenue.
