The FULL Budget statement of the Government of Ghana for the 2019 Financial Year

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Section One:

Introduction 1. Right Honourable Speaker, Honourable Members of Parliament, today the fifteenth day of November 2018, on the authority of the President of the Republic of Ghana, His Excellency Nana Addo Dankwa Akufo-Addo, I beg to move that this august House approves the Financial Policy of the Government of the Republic of Ghana for the year ending 31st December 2019.

2. Mr. Speaker, on the authority of His Excellency the President, and in keeping with the requirement under Article 179 of the 1992 Constitution of the Republic of Ghana, may I respectfully present the Budget Statement and Economic Policies of Government for 2019 to this Honourable House. 3. Mr. Speaker, this statement is an abridged version of the 2019 Budget Statement. I would like to request the Hansard Department to capture the entire Budget Statement and Economic Policy.

4. I also submit before this august House, the 2018 Annual Report on the Petroleum Funds, in accordance with Section 48 of the Petroleum Revenue Management Act, 2011 (Act 815), as amended.

5. Mr. Speaker, the theme of this year’s budget is “A Stronger Economy, for Jobs and Prosperity”. The budget represents the third of four budget statements of the government. It, therefore, offers us an opportunity to take a mid-term review of the performance of the Government in managing the economy and how we intend to accelerate the programme of growing the economy, protecting the vulnerable, and creating jobs and prosperity for the Ghanaian people over the next financial year.

6. I do not take lightly the significance of this moment and opportunity we are granted annually to determine how the precious assets of Ghana – our people, our land, our natural resources and our treasury should be stewarded for national growth and human development.

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2019 Budget

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