Alban Bagbin is the Speaker of Parliament
The Speaker of Parliament, Alban Bagbin, has described the 2025 Budget presentation by the Minister of Finance, Dr. Cassiel Ato Forson, as a ‘landmark piece.’
In a Facebook post on Wednesday, March 12, 2025, Bagbin expressed his belief that the budget, which addressed several key issues concerning the economy, reflects the government and President John Dramani Mahama’s commitment to transforming the country.
He added that the budget is also in line with the president’s resetting agenda for the country.
“Thank you for joining us for the 2025 budget reading. Undoubtedly, Dr Forson, the Minister of Finance delivered a landmark piece. I believe it truly reflects the urgency and commitment of HE John Dramani Mahama to reset and transform our dear nation. In the coming days, the Parliament of Ghana will debate the budget in accordance with our constitutional mandate. God bless our nation, Ghana!” he posted.
The Minister of Finance, on March 11, 2025, presented the budget, which saw the cancellation of several nuisance taxes, including the E-Levy, Betting Tax, Emissions Levy, among others.
According to him, the cancellation of these taxes is intended to ease the burden on households, promote and support the growth of businesses in the country, and improve tax compliance.
Addressing the floor of Parliament on Tuesday, March 11, 2025, Dr. Forson indicated that the government is proposing revenue measures to help achieve the 2025 fiscal targets.
He also stated that these measures are aimed at bridging the gaps and offsetting the revenue losses that will arise following the abolishment of these taxes.
MAG/AE
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