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Mid-Year Budget Review: 40% underspend on capital expenditure raises questions over project delivery – Yaw Lartey

By GhanaSummary Newsroom1 min read
Mid-Year Budget Review: 40% underspend on capital expenditure raises questions over project delivery – Yaw Lartey

Partner at Deloitte, Yaw Appiah Lartey, has raised concerns over government’s capital expenditure performance, warning that a 40 per cent underspend could affect the implementation of major development projects.

However, Mr Lartey stressed that the major challenge was capital expenditure, which recorded an underspend of more than 40 per cent.

Speaking on JoyNews' Newsfile on Saturday, July 25, Mr Lartey said while there were some positive outcomes from savings in compensation and interest payments, the shortfall in capital spending remained a major concern.

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