Minister of Finance Dr. Cassiel Ato Forson presented the 2025 Budget, emphasizing the need for bold economic decisions. He highlighted the government’s goals to reshape Ghana’s economy and improve social welfare through initiatives like Free SHS, responding to inherited challenges from the prior administration.
In a recent address, Minister of Finance Dr. Cassiel Ato Forson emphasized the government’s commitment to fundamentally reshape Ghana’s economic landscape. He remarked, “Ghana’s defining moment is now,” underscoring the necessity for audacious decisions aimed at fostering economic growth and achieving financial independence.
On March 11, 2025, Dr. Forson presented the first Budget and Economic Policy under the John Dramani Mahama administration to Parliament, aligning with Article 179 of the 1992 Constitution and Section 21 of the Public Financial Management Act, 2016 (Act 921).
During his presentation, Dr. Forson is expected to provide a comprehensive overview of Ghana’s economic situation and outline the policy goals the administration plans to pursue in response to contemporary economic challenges. Furthermore, he will inform citizens about the economic legacy inherited from the previous Nana Addo Dankwa Akufo-Addo administration.
Additionally, the Finance Minister plans to discuss various social intervention programs, including the Free Senior High School (SHS) initiative, the No-Academic-Fee policy, and allowances for trainees, highlighting the administration’s focus on social welfare improvements.
The 2025 budget presentation by Minister Dr. Cassiel Ato Forson marks a significant opportunity for Ghana to address economic challenges through bold policies. With a clear commitment to financial responsibility and social welfare, the Mahama administration aims to set a new course for the nation’s economic future.
Original Source: www.ghanaweb.com
