Dr. Cassiel Ato Forson presented the 2025 Budget, highlighting a critical moment for Ghana requiring bold economic decisions. This budget marks the first policy under the Mahama administration, addressing inherited issues and planning social interventions. Key topics include economic challenges and welfare programs like the Free SHS and No-Academic-Fee policy.
On March 11, 2025, Ghana’s Minister of Finance, Dr. Cassiel Ato Forson, presented the 2025 Budget, emphasizing the need for decisive actions to enhance economic growth. He characterized this moment as a pivotal time for Ghana, underscoring the urgent need for financial reform.
Dr. Forson’s budget presentation marks the initial economic policy of the John Dramani Mahama administration, delivered in line with Article 179 of the 1992 Constitution and Section 21 of the Public Financial Management Act, 2016.
The minister plans to discuss the current economic landscape of Ghana and detail the Mahama administration’s strategies to address ongoing financial challenges. He will also inform citizens about the economic conditions inherited from the previous administration, led by Nana Addo Dankwa Akufo-Addo.
Furthermore, Dr. Forson is set to highlight important social intervention initiatives, including the Free Senior High School (SHS) program, the No-Academic-Fee policy, and trainee allowances, demonstrating the administration’s commitment to public welfare.
In summary, Dr. Cassiel Ato Forson’s budget presentation reflects a critical juncture for Ghana, emphasizing the necessity for bold decisions in economic strategy. The budget focuses on inherited economic conditions while proposing key reforms and social policies to enhance public welfare. The overall aim is to set Ghana on a progressive path towards financial stability and growth.
Original Source: www.ghanaweb.com