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Terkper’s GHC1.8 billion request must be denied-Kwaku Kwarteng

Kwaku Kwarteng, a member on the Parliamentary Select Committee on Finance has charged government to heed to calls for expenditure cuts, or risk endangering the economy.
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The Member of Parliament for the Obuasi West Constituency said he is taken aback by the government’s unwillingness to reduce public sector’s financial waste.

According to him, government institutions like the Driver and Vehicle Licensing Authority and the Food and Drugs Authority must be weaned off government budgetary support by now.

READ MORE: Election 2016 1 district 1 factory policy to cost $1billion - Kwaku Kwarteng

“Now things are catching up with us and we are beginning to see the absence of money for central government to do the things that it ought to do for the environment to be free and for the private sector to operate,” Mr Kwarteng said.

Mr. Kwarteng further criticized the NDC’s creation of additional constituencies and districts as one of the ways government spending has increased.

His comments come after Seth Terkper delivered the Mid-Year Budget Review in which he requested for approval to raise GHC1.8 billion more to support the 2016 budget.

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