Monday, February 24, 2025

Finance Minister to present first budget on this date

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The Minister for Finance, Dr. Cassiel Ato Forson, will present his first budget to Parliament on Tuesday, March 11, 2025.

The budget will outline the state of the economy and the government’s policy proposals aimed at resetting and transforming Ghana’s economic trajectory in line with President John Mahama’s vision.

Minister for Government Communications, Felix Kwakye Ofosu, disclosed this at a media briefing following the government’s first Cabinet meeting.

He stated that the budget’s policies will be shaped by recommendations from the National Economic Dialogue, scheduled for March 3 and 4, 2025.

“The Presidential Advisor on the 24-hour Economy, Mr. Gossie Tandoh, has proceeded with preparations for the full rollout of President Mahama’s primary policy to transform Ghana,” Kwakye Ofosu noted.

He added that Dr. Ato Forson informed Cabinet that the economic situation is worse than initially assessed before the elections.

The first Cabinet meeting, which primarily focused on setting benchmarks for ministers, also covered security briefings, the rollout plan for the 24-hour economy policy, the agricultural transformation agenda, and the state of the economy.

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