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Gov’t cannot claim fiscal prudence by cancelling development projects — Gideon Boako

By GhanaSummary Newsroom1 min read
Gov’t cannot claim fiscal prudence by cancelling development projects — Gideon Boako

The Tano North MP and Deputy Ranking Member of Parliament’s Finance Committee, Dr Gideon Boako, has questioned the government’s fiscal strategy, arguing that reduced public expenditure should not be celebrated as fiscal discipline when it results in the cancellation or postponement of development projects.

Dr Boako asked, arguing that the government should not sacrifice development expenditure merely to achieve favourable fiscal indicators.

Dr Boako said while the government has highlighted improvements in its fiscal position, the reported underspending against amounts approved by Parliament raises concerns about whether the gains reflect greater efficiency or simply a failure to implement planned projects.

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