Opportunities in 2019 budget given boost

Representatives and resources persons from key sectors of the economy are set to sensitize boards of directors from both public and private institutions to take advantage of the numerous opportunities in the 2019 budget.

The seminar, scheduled to take place tomorrow at the British Council, Accra is a concerted effort of the Institute of Directors (IoD) Ghana which seeks to build capacity for directors at the board level to leverage on to explore business and investment opportunities in the 2019 budget statement and economic policy.

The technocrats who will serve as resource persons at the seminar are selected from the Ministry of Finance (MoF), Ghana Revenue Authority (GRA), Price Waterhouse Coopers (PWC), and KPMG.

The seminar is necessary because players in the financial sector of the economy have realized that some boards of directors are unable to break down the budget statement and identify the opportunities and strategic issues in it, which would enable them to take and apply useful, informed decisions.

The activity is one of the monthly training progarmmes lined up by the IoD to sensitize members and non-members and draw people’s attention to critical issues as far as effective corporate governance is concerned.

Mr. Rockson Dogbegah, president of IoD told the Goldstreet Business that the seminar is meant to educate players in the sector on the strategic direction of the state in the 2019 budget.

“Sensitization is all about awareness. We are using this seminar on the budget as an engagement platform to educate and sensitize the public about the critical issues in it. We are also aiming to address other concerns to ensure proper performance of boards of directors”, he noted.

The theme of this month’s programme is “The 2019 Budget in Focus: Government of Ghana for Strategic Decision Making”.

By Dundas Whigham