Ghana Budget highlights 2011

The 2011 Budget Statement was one of the most anticipated in the recent history of this country, not only because of the general public’s expectation of the oil revenue and the perceived unlimited benefits thereof, but also the impact of Ghana’s recent reclassification to middle income status.

We are pleased that in the Budget Statement, the Minister has indicated clearly the need to manage the expectations of the general public with regards to the contribution of oil revenue to the national budget, especially, in the first year of full production.

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