Finance Minister Ken Ofori-Atta has officially submitted a letter to Speaker of Parliament Alban Bagbin regarding changes to the 2022 Budget.
Mr Ofori-Atta stated at a press conference on Monday that revisions to portions of the fiscal policy had been made in response to concerns raised by the public and the Minority Caucus in Parliament.
He stated that paragraphs 442 and 443 of the Budget Statement, which deal with the ‘Agyapa’ Royalties Transaction, will be changed.
Members of the Minority cited the inclusion of the ‘Agyapa’ and GNPC-Aker Energy deals in the budget as one of the reasons they will vote against the economic policy on Friday, November 26, 2021.
“On the behalf of the President, I have written to the Rt. Honourable Speaker of Parliament with details of modifications in response to emerging concerns by all stakeholders including the Minority Caucus.
“With regards to ‘Agyapa’ Royalties Limited, we shall amend paragraphs 442 and 443 to take out reference to Mineral Royalties collateralisation. It’s important to note that any reference to ‘Agyapa’ was for information purpose and as such, was not reflected in the fiscal framework of the budget,” he revealed.
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