Accra, Ghana – The Finance Minister has expressed optimism about Parliament’s review of President Mahama’s 2025 budget. He trusts that lawmakers will make adjustments to strengthen the budget, promote economic growth, and ultimately benefit the people of Ghana.
The minister’s confidence comes after he presented the budget to Parliament, kickstarting the review and approval process. He believes that Parliament will work diligently to ensure the budget addresses the needs of Ghanaians.
Finance Minister Presents President Mahama’s 2025 Budget Amidst High Expectations
Accra, Ghana – Exactly a week ago, the Finance Minister had the honor of presenting President Mahama’s 2025 budget to Parliament. The budget, themed “Resetting the Economy for the Ghana We Want,” outlines bold policy measures to stabilize the economy, foster growth, and address the nation’s fiscal challenges.
Key highlights of the budget include the abolition of several taxes, such as the Electronic Transaction Levy (E-Levy), the 10% tax on lottery winnings, and the COVID-19 Health Levy. The budget also allocates GH¢3.5 billion for the free secondary education program and GH¢292.4 million for the distribution of free sanitary pads to female students in primary and secondary schools.
Furthermore, the government has allocated GH¢51.3 million as a seed fund for the establishment of the Women’s Development Bank, aimed at supporting female-owned businesses. The Finance Minister is confident that Parliament will work tirelessly to ensure the budget’s successful implementation, ultimately benefiting the people of Ghana.
Ruth Abla ADJORLOLO
