Minister submits GH¢68.1b mini finances proposal for 2025
Ghana’s Minister of Finance, Dr. Mohammed Amin Adam, Thursday submitted a proposed mini-budget of GH¢68.1 billion to Parliament, geared toward protecting important authorities bills from January to March 2025.
This provisional finances would make sure the continuity of operations till the incoming administration presents a full finances for the rest of the yr.
The allocation will prioritise key areas, together with salaries of public sector staff guaranteeing well timed fee of wages to authorities workers; statutory funds fulfilling compulsory funds, corresponding to taxes and pensions; essential infrastructure upkeep upkeeping important infrastructure, like roads and public buildings and funding for social intervention applications supporting initiatives that might profit weak populations.
As a constitutional requirement throughout transition years, this mini finances would forestall fiscal disruptions and ensures a easy transition of energy.
The Spearker of Parliament, Mr Alban Bagbin referred the proposal to the Budget and Finance Committees for evaluate and report again to the House for debate and approval.
Source: GNA
