Finance Minister, Dr Cassiel Ato Forson has urged Parliament to fully support the government’s 2025 budget estimates, highlighting key revenue and expenditure measures designed to drive economic growth and support the country’s fiscal objectives.
Speaking at the opening ceremony of the 2025 Post-Budget Workshop in Parliament, the finance minister emphasized that the proposed budget sets out a clear roadmap for fiscal stability and inclusive growth.
“We have outlined a number of revenue and expenditure measures in the 2025 budget to support the achievement of our fiscal objectives and targets. And we would like to call on this esteemed House, particularly my colleagues, the Members of Parliament, to support these measures and the passage of the various legislations that will operationalize these initiatives as soon as possible,” he said.
Among the key initiatives outlined in the 2025 budget are the ambitious rollout of the 24-hour economy policy, aimed at fostering inclusive growth and creating more job opportunities across the country.
The finance minister explained that the policy would leverage various sectors, including agriculture, manufacturing, and services, to boost productivity and stimulate economic activity around the clock.
“Some initiatives that we have proposed for implementation in this budget are as follows: we are proposing to roll out the 24-hour economy policy to support inclusive growth and job creation. We also propose to roll out the GH¢10 billion Big Push policy beginning this year,” he said.
This initiative will focus on infrastructure development, job creation, and unlocking opportunities in key sectors, ultimately contributing to economic growth and poverty reduction.
The Finance Minister also announced plans for the establishment of the Ghana Gold Board, an entity designed to enhance foreign exchange inflows and build the country’s gold reserves.
“We are proposing the establishment of the Ghana Gold Board to support foreign exchange inflows and gold reserve accumulation to benefit our dear country,” he noted
The finance minister concluded by reiterating the importance of swift legislative action to ensure the smooth implementation of these measures.
