Dr. Cassiel Ato Forson, the Minister of Finance, emphasized the urgent need for bold economic decisions during his 2025 Budget presentation, stating, “Ghana’s defining moment is now.” The budget adheres to constitutional mandates and will address the economic challenges inherited from the previous administration, along with key social policies.
The Honorable Minister of Finance, Dr. Cassiel Ato Forson, has expressed the government’s commitment to revitalizing Ghana during his presentation of the 2025 Budget on March 11, 2025. He emphasized the necessity for decisive actions in the nation’s history to foster economic growth and achieve financial independence, declaring that, “Ghana’s defining moment is now.”
This budget marks the inaugural fiscal proposal of the John Dramani Mahama administration, aligning with Article 179 of the 1992 Constitution and Section 21 of the Public Financial Management Act of 2016 (Act 921). Dr. Ato Forson is expected to provide insights into the current economic landscape and outline the administration’s strategic initiatives designed to address pressing economic issues.
The Finance Minister will also address the economic condition inherited from the previous Nana Addo Dankwa Akufo-Addo government’s term. Furthermore, Dr. Ato Forson intends to discuss various social intervention policies such as the Free Senior High School (SHS) program, the No-Academic-Fee initiative, and trainee allowances, among others.
In conclusion, Dr. Cassiel Ato Forson’s presentation of the 2025 Budget signifies a pivotal moment for Ghana, highlighting the administration’s proactive approach to tackling economic hardships. By focusing on bold policy decisions and social interventions, the government aims to restore financial stability and propel the nation toward greater economic prosperity.
Original Source: www.ghanaweb.com
