2012 Budget will promote development – IEA, Front Page
The Institute of Economic Affairs (IEA) has described the 2012 Budget as a development-oriented budget that will help address the country’s infrastructural deficit if implemented to the letter. “The theme for the budget is appropriate. We all know that Ghana suffers a large infrastructural deficit; talk about roads, railways, water and energy supply systems, health, education and agricultural facilities. Therefore, if the budget focuses on infrastructure, it is in the right direction,” it said. A Senior Economist at the IEA, Dr John Kwabena Kwakye, made the observation at a budget review organised by the institute to state its views on the budget and also make its recommendations towards its implementation. The 2012 Budget is designed to address infrastructural deficit in order to sustain growth, create more employment opportunities and improve incomes and the standard of living of the populace and thereby reduce poverty. The IEA, however, cautioned the government against exce