Minister of Finance, Ken Ofori-Atta, will later this morning present the Mid-Year Review of the Budget Statement and Economic Policy of the Government and Supplementary Estimates for the 2023 Financial Year to Parliament.

The Mid-Year Fiscal Policy is in accordance with Article 179 of the 1992 Constitution and the Public Financial Management Act, 2016 (Act 921).

It is a review of the government’s 2023 Economic Policy and Financial Statement delivered to Parliament by the Minister of Finance on November 24, 2022.

The Mid-Year Review of the Budget Statement and Economic Policy is expected to outline how the government plans to stick to recommendations laid out by the International Monetary Fund (IMF) to secure continued payments from its agreed support package.

The minister was initially scheduled to present the budget on July 27, 2023, but was later rescheduled for July 25, 2023, only to be canceled again until further notice.