• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Economy

Parliament: Minority Caucus reject Ghs 137 billion expenditure driven 2022 budget

4 years ago
in Economy, highlights, Home, home-news, latest News
2 min read
0 0
0
165
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Parliament: Minority Caucus reject Ghs 137 billion expenditure driven 2022 budget

All 137 Minority Members of Parliament (MPS) voted against the motion when the question was put by the Speaker of Parliament, Alban Bagbin.

The Majority Caucus had earlier walked out of the Chamber over a misunderstanding with the Speaker.

Before the rejection of the budget statement, the House voted to dismiss an application by the Finance Minister to withhold vote on the budget to allow for further consultation with the leadership of both the Majority and Minority, especially on the introduction of the Electronic Levy (E-Levy) and a request to include the Blekusu Sea Defence Project in the budget.

Speaker Bagbin, before the vote, had called for a head count of all the members present in the Chamber to know if the House had a quorum.

Satisfied with the numbers, he then put the question on the prayer by the Finance Minister to be allowed to have more discussions with stakeholders on the budget, which was rejected by the House.

The Speaker proceeded to put the question on the motion for the approval of the budget statement and economic policy of government, which was also rejected by the House.

RelatedPosts

Price, Power, and Policy: A Legal and Economic Examination of the DSTV Pricing Dispute in Ghana

GCB Bank Honoured for Excellence in Project Delivery at 2025 PMEA

Top 10 African Countries With The Highest Borrowing Costs in 2025

Must Read: Covid-19: Enhanced regulation, supervision required to sustain financial sector recovery – BoG

Meanwhile, the Majority Caucus, at press conference addressed by Mr Osei Kyei Mensah Bonsu, Majority Leader, stated that the decision to reject the budget was unconstitutional because the number required for such a decision was not met and as such, null and void.

He said the motion on the budget had not been pronounced by Parliament and that it was still standing in the name of the Minister Finance.

He said a “properly” constituted House would make a decision in the “fullness of time.”

“The Speaker quoted article 102 of the Constitution that quorum of Parliament apart from the one presiding shall be one-third of all Members of Parliament.

“When it comes to decision making it is not Article 102 that applies but rather Article 104 that comes to play,” the Majority Leader emphasised.

Article 104 says, “except as otherwise provided in this Constitution, matters in Parliament shall be determined by the votes of the majority of members present and voting, with at least half of all the members of Parliament present.”

This is the first time in the fourth Republic that a budget has been rejected.

Government, in the 2022 budget is seeking to spend some Ghs 137.5 billion in expenditure and raise some Ghs 100.5 billion in revenue.

Tags: Electronic Levy (E-Levy)Finance MinisterParliament: Minority Caucus reject Ghs 137 billion expenditure driven 2022 budgetSpeaker of Parliament
No Result
View All Result

Highlights

From FX Pain to Profit Boom: Nigerian Companies Rebound Big After Devaluation

Importation of Toxic Fuel Deals a Major Blow to Dangote’s Fight for Market Share

GSE Rallies as Composite Index Crosses 7,000 Points; Trade Volume Surges Over 468%

COCOBOD Rules out Syndicated Loan for 2025/2026 Crop Season Amid Global Cocoa Shortage

Fitch Solutions Projects Cedi Stability Through 2025-2026, Cautions on Gold Price Risks

BoG Policy Rate Cut to 25%: Details of the 6-0 Vote Decision by MPC Members

Trending

Features

Price, Power, and Policy: A Legal and Economic Examination of the DSTV Pricing Dispute in Ghana

August 5, 2025

Price, Power, and Policy: A Legal and Economic Examination of the DSTV Pricing Dispute in Ghana 1....

GCB Bank Honoured for Excellence in Project Delivery at 2025 PMEA

August 5, 2025

Top 10 African Countries With The Highest Borrowing Costs in 2025

August 5, 2025

From FX Pain to Profit Boom: Nigerian Companies Rebound Big After Devaluation

August 5, 2025

Importation of Toxic Fuel Deals a Major Blow to Dangote’s Fight for Market Share

August 5, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.