{"id":6295,"date":"2019-11-12T13:28:39","date_gmt":"2019-11-12T13:28:39","guid":{"rendered":"https:\/\/www.africa-press.com\/ghana\/?p=6295"},"modified":"2019-11-12T13:28:39","modified_gmt":"2019-11-12T13:28:39","slug":"minority-threatens-vote-of-no-confidence-against-finance-minister","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/minority-threatens-vote-of-no-confidence-against-finance-minister","title":{"rendered":"Minority threatens vote of no confidence against Finance Minister"},"content":{"rendered":"

The opposition party in Parliament has promised to trigger a confidence vote against the Finance Minister, Ken Ofori-Atta, over what it says are high fiscal deficit figures.<\/strong><\/p>\n

The National Democratic Congress (NDC) MPs claim the Minister wants to deliberately manipulate government\u2019s spending figures to stay within the accepted limit.<\/p>\n

Per the provisions of the Fiscal Responsibility Act, a Finance Minister should not superintend a fiscal deficit which exceeds 5 per cent lest he be censored.<\/p>\n

Speaking to Joy FM\u2019s Top Story Monday, Minority spokesperson on Finance, Cassiel Ato Forson, claims the only thing Mr Ofori-Atta is trying to avoid is the censorship, the reason he is manipulating the figures.<\/p>\n

Mr Forson said the Minority MPs are going to reject the figures Mr Ofori-Atta will present when he appears in the House to present the 2020 budget statement on Wednesday.<\/p>\n

\u201cHe should prepare because he has already exceeded that 5 per cent,\u201d the Ajumako Enyan Essiam MP charged, adding they will invoke the law to boot him out of office.<\/p>\n

What are the claims?<\/p>\n

Mr Forson argues that the government has decided not to treat monies used in the banking sector clean up as expenditure has decided to treat monies gained from it as revenue.<\/p>\n

This, the opposition legislator, who has served as a Deputy Finance Minister, describes as cosmetic accounting.<\/p>\n

Finance Minister will present ‘cooked up’ figures on Nov 13 – Minority claims<\/p>\n

He said the government must be consistent in its dealings with monies spent and gained from the clean-up otherwise it amounts to a manipulation of figures \u201cjust to look good.\u201d<\/p>\n

The mining companies<\/p>\n

The Minority also claims to the government is prevailing upon mining companies in the country to undertake some development projects in their resident communities.<\/p>\n

The government of Ghana would be expected to pay back these monies in issued bonds.<\/p>\n

Chief Executive of the Ghana Chamber of Mines, Sulemana Konney has, however, disputed this.<\/p>\n

According to him, there have been talks with the government but no decision has been reached and no official proposal has come to them.<\/p>\n

The Minority MPs are, however, not convinced.<\/p>\n

They believe the government is simply attempting to use the mining companies to raise revenue without recording it in their expenditure.<\/p>\n

When this happens the expenditure looks good but the country\u2019s debt increases on the blindside, Ato Forson explained.<\/p>\n

He says their aside of the aisle would fight the Minister\u2019s attempts and unless he meets their demands — to classify the fiscal deficit properly — on Wednesday, they would move to impeach him.<\/p>\n","protected":false},"excerpt":{"rendered":"

The opposition party in Parliament has promised to trigger a confidence vote against the Finance Minister, Ken Ofori-Atta, over what it says are high fiscal deficit figures. The National Democratic Congress (NDC) MPs claim the Minister wants to deliberately manipulate government\u2019s spending figures to stay within the accepted limit. Per the provisions of the Fiscal […]<\/p>\n","protected":false},"author":66,"featured_media":6296,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[4179,310,4178],"class_list":["post-6295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-confidence-vote-against-the-finance-minister","tag-ken-ofori-atta","tag-opposition-party-in-parliament"],"yoast_head":"\nMinority threatens vote of no confidence against Finance Minister - Ghana<\/title>\n<meta name=\"description\" content=\"The opposition party in Parliament has promised to trigger a confidence vote against the Finance Minister, Ken Ofori-Atta, over what it says are high fiscal deficit figures.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/minority-threatens-vote-of-no-confidence-against-finance-minister\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Minority threatens vote of no confidence against Finance Minister\" \/>\n<meta property=\"og:description\" content=\"The opposition party in Parliament has promised to trigger a confidence vote against the Finance Minister, Ken Ofori-Atta, over what it says are high fiscal deficit figures.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/minority-threatens-vote-of-no-confidence-against-finance-minister\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-12T13:28:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/2019\/11\/210642849_516775.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"348\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"francis\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"francis\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/minority-threatens-vote-of-no-confidence-against-finance-minister#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/minority-threatens-vote-of-no-confidence-against-finance-minister\"},\"author\":{\"name\":\"francis\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/3687592f7713dc6c826cf5bbd0e55bca\"},\"headline\":\"Minority threatens vote of no confidence against Finance Minister\",\"datePublished\":\"2019-11-12T13:28:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/minority-threatens-vote-of-no-confidence-against-finance-minister\"},\"wordCount\":432,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/minority-threatens-vote-of-no-confidence-against-finance-minister#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/2019\/11\/210642849_516775.jpg\",\"keywords\":[\"confidence vote against the Finance Minister\",\"Ken Ofori-Atta\",\"opposition party in Parliament\"],\"articleSection\":[\"all news\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/minority-threatens-vote-of-no-confidence-against-finance-minister#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/minority-threatens-vote-of-no-confidence-against-finance-minister\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/minority-threatens-vote-of-no-confidence-against-finance-minister\",\"name\":\"Minority threatens vote of no confidence against Finance Minister - 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