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Finance Minister Presents Budget Statement today… Will it Focus on The Energy sector?

  • SOURCE: | qwesa2big
  • Finance and Economic Planning Minister Seth Terkper will today, Tuesday, present the 2013 budget and economic policy statement of the government to Parliament.

    The statement will review government’s expenditure and revenue generation in 2012 and the projections for this year.

    With the presentation of the 2013 budget coming on the back of challenges in electricity generation and water supply nationwide and reported shortages in aviation fuel, indications are that the Finance Minister will use the occasion to commit some funds into the utility sub-sector as part of a wider effort by government to improve the livelihood of the populace.

    The Western Corridor Gas Infrastructure Project, which includes the commercialisation of the country’s gas resources in the Western Region, is expected to receive keen attention as the government attempts to drift from its traditional dependence on hydro and thermal sources for power to alternative ones, including natural gas.

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