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Mid-year Budget review was a manifesto pledge into 2020 elections – Haruna Iddrisu

Minority Leader Haruna Iddrisu has described the Mid-year Budget review as more of a political pledge.

He believes, the Finance Minister’s review of the country’s mid-year but was not principled enough.

The former Employment Minister told KojoYankson on Joy FM’s Super Morning Show Friday, that Ken Ofori-Atta failed to give a proper account of some monies.

“He came more as a manifesto pledge into the 2020 elections than a mid-year budget review of the budget in my view and I don’t find that principled enough.

“You are speaking to Parliament so, in all these instances, there should be accompanying detailed expenditure,” he stated

Mr. Iddrisu indicated that the legality of the borrowing of some ¢10 million for the Bank of Ghana’s asset purchase program is questionable.

These comments were part of his reaction to the mid-year budget review presented to Parliament Thursday, July 24.

He stated that the Public Financial Management Act and the constitution require that Governor of the bank must refer to article 181 of the constitution when they intend to borrow.

“What he did was to come to Parliament and make a statement that he had determined with thee Controller Accountant general and another BOG official to borrow ¢10 billion.

“He came to present a statement and walk away. We raised procedural issues but we were ignored,” he said.

 

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