- Finance Minister to present maiden budget on March 11
- Budget to outline policies to transform Ghana's economy
- Economic situation worse than initially assessed, says Finance Minister
Minister for Finance, Dr. Cassiel Ato Forson, is set to present his first national budget to Parliament on Tuesday, March 11, 2025. The budget will provide an assessment of the country’s economic state and propose new policies designed to realign and revitalize Ghana’s economic trajectory, in line with the vision of President John Mahama.
This announcement was made by Minister for Government Communications, Felix Kwakye Ofosu, during a media briefing that followed the government’s first Cabinet meeting.
Kwakye Ofosu explained that the policies included in the upcoming budget will be shaped by input gathered from the National Economic Dialogue, which is scheduled to take place on 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,” he said.
He further disclosed that Dr. Ato Forson informed Cabinet members that the country’s economic situation is currently worse than previously assessed before the elections.
The Cabinet meeting, which focused on establishing key performance benchmarks for ministers, also addressed several important matters including security briefings, the implementation plan for the 24-hour economy policy, the agricultural transformation agenda, and the overall state of the economy.
