My Ministers & Deputies Won’t Exceed 50 – Bawumia

The Vice President and presidential candidate of the New Patriotic Party, Dr. Mahamudu Bawumia has pledged to reduce the number of Ministers under his Presidency.

According to him, his Ministers and Deputy Ministers will not exceed 50.

“I would have not more than 50 ministers and deputy ministers”, he said while highlighting his vision for Ghana during his address at UPSA on Wednesday, February 7, 2024.

He also touched on the need to enhance the role of the private sector and cut waste ensuring value for money.

“The move towards the private sector provision of many public services would create fiscal space of at least 3% of GDP. This represents a major paradigm shift. Additionally, an efficient system of governance will require even fewer ministers”, he stressed.

An independent Fiscal Responsibility Council will be set up to reduce budget deficits and interest rates, he added.

“To sustainably reduce the budget deficit and interest rates, my government will enhance fiscal discipline through an independent fiscal responsibility council enshrined in the Fiscal Responsibility Act, 2018 (Act 982). The Fiscal Responsibility Act will also be amended to add a fiscal rule that requires that budgeted expenditure in any year does not exceed 105% of the previous year’s tax revenue. This will prevent the experience of budgetary expenditures based on optimistic revenue forecasts which don’t materialize.”

Furthermore, the Bawumia government will reduce the fiscal burden on government by leveraging the private sector through the safety nets such as TVET, STEM and so forth under the Akufo-Addo administration.

“With all these social safety nets in place, my government will now focus on jobs, and wealth creation by the private sector for all Ghanaians. My administration will incentivize the private sector to complement government in the provision of many infrastructure and other services to reduce government expenditure and improve maintenance’’, Dr. Bawumia established.

The event which was televised was attended by members of the Diplomatic Corps, the Clergy, Civil Society Organizations, NPP functionaries among many other people.

Source: Ghmessenger.com