Finance Minister finally presents mini-budget of GH₵68.1bn to parliament

.
The Finance Minister Dr Mohammed Amin Adam, has finally presented the first quarter of the 2025 budget after weeks of delay which led to a government shutdown at the start of the New Year.

The mini budget was stuck in the middle of a disagreement between the then minority NDC and majority NPP in Parliament over some outstanding government business notably some request for tax waivers.

The outgoing government is requesting 68.1 billion cedis to keep the government running until the incoming John Mahama government presents its substantive budget for 2025.

Second Deputy Speaker of Parliament, Andrew Asiamah Amoako referred the document to the Budget and Finance Committees for detailed review. The committees are tasked with scrutinizing the figures and policies before reporting back to the House for debate and approval.

The temporary budget will take care of the salaries of public sector workers, statutory payments, critical infrastructure maintenance, and fund the government's social intervention programmes.

On December 20th, 2024, Parliament adjourned without the reading of the mini-budget statement.

The Vote on Account, a provisional financial measure, was essential for government operations until the full 2025 budget is approved by the incoming administration.

However, parliamentary proceedings were stalled when the Finance Minister failed to appear, leaving members, especially on the NDC side frustrated.

Both sides of the House engaged in blame game for the situation.


Sourcemyjoyonline 2nd January 2025 8:29 PM

Subscribe to receive breaking news from us.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of WikiGhana.

Related to this story

Comments 0

Login and you would be notified when you are mentioned in a comment