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NewsBawumia pledges to cut down gov't expenditure by GHC30bn

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Bawumia pledges to cut down gov’t expenditure by GHC30bn

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The New Patriotic Party’s (NPP) flagbearer, Dr. Mahamudu Bawumia, has committed to a significant reduction in government size and expenditure, promising to cut at least GH¢30 billion if elected president.

In an address to the nation on Wednesday, February 7, 2024, Dr. Bawumia reaffirmed his intention to limit the number of Ghana’s Ministers and Deputy Ministers to no more than 50.

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During an interaction with the clergy in the Northern Region, Dr. Bawumia addressed questions about his strategy to reduce the ballooning cost of running the government.

He stated, “I have made it clear and even stated that I want to bring down government expenditure and the size of government by at least 3 percent of GDP, which is about GH¢30 billion over the next four years. I have also made it clear that I will have no more than 50 ministers, which is also to say I want to bring the size of government down.”

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Dr. Bawumia emphasized his commitment to protecting the public purse and efficiently disbursing public funds to undertake socially beneficial and impactful projects. He assured that under his leadership, government spending would be closely monitored to ensure fiscal discipline and transparency.

The pledge to cut down on government expenditure and reduce the size of the ministerial appointments is seen as a critical step towards ensuring economic stability and fostering public trust.

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