The Finance Minister, Ken Ofori-Atta has presented the 2022 Mid-Year Budget Review to Parliament for approval.

The minister, among other things, spoke about the government’s decision to go to the International Monetary Fund (IMF), as well as how the government has been managing the difficulties associated with the economy in recent times.

Also, Ken Ofori-Atta indicated that the government would not be seeking any more financial support. but that it would work with what it already has to ensure that it cushions the lives of Ghanaians.

The minister also indicated that there are plans to bring back the road tolling system in the country, a decision that the government cancelled in November 2021, amidst several widespread disapprovals.

“Mr. Speaker, I serve a President who has shown by his deeds that he is deeply committed to the welfare of the masses of this country.

“Ours is also a government that is not afraid to make hard choices for the good of our country. I want to appeal to Ghanaians to keep faith with the President and his team. We know things are tough now. But we have a plan and the will to drive it. I want this House to do exactly what it did in the earlier crisis of 2020; support us in our bid to reduce the impact of this global crisis on the nation and to tackle the vulnerabilities in our economy that make us prone to such shocks. The President wants this sovereign House to be a strategic partner in Government’s efforts to stabilise the economy and spur growth to create jobs.”

Below is the full statement delivered on July 25, 2022.