Dr Cassiel Ato Baah Forson, the Minister of Finance, will present the Business Statement and Economic Policy of the government for the year ending December 31, 2025, to Parliament on Tuesday, March 11.
The presentation is in accordance with Article 179 of the 1992 Constitution.
This was announced on Friday by Mr Kweku Ricketts-Hagan, the Deputy Majority Leader during the presentation of the Business Statement for the ninth week ending Friday, March 14 on the Floor of the House.
“Mr Speaker, the minister responsible for finance on the authority of the President of the republic would present to this house the budget statement and economic policy of the government of Ghana for the year ending December 31, 2025, in accordance with Article 179 of the 1992 constitution on Tuesday March 11, 2025,” he said.
He urged Members of Parliament (MPs) to take note and be present in the House on the said date.
Mr Ricketts-Hagan, also the National Democratic Congress (NDC) MP for Cape Coast South, also urged the ministry of finance and other ministries as well as bodies to submit their sectoral estimates to Parliament on time for the consideration and approval of the House.
“Mr Speaker, in view of the presentation of the budget, a post-budget workshop will be scheduled for the participation of all MPs.
“The venue and time will be communicated in due course,” the Deputy Majority told the House.
The budget is expected to provide a full breakdown of the economy and the government’s policy proposals to reset and facilitate Ghana’s economic transformation agenda in line with President John Dramani Mahama’s vision.
In his briefing to the media, the Minister for Government Communications, Mr Felix Kwakye Ofosu, disclosed after the government’s first Cabinet meeting.
According to him, the policies to be announced in the budget will be informed by recommendations after the National Economic Dialogue, which took place on Tuesday, March 3 and Wednesday 4, 2025.
“The Presidential Advisor on the 24-hour Economy, Mr Gossie Tandoh, proceeded with preparations for the full rollout of President Mahama’s primary policy to transform Ghana.
“The Finance Minister, Dr Cassiel Ato Forson, also informed the Cabinet that the economic situation is dire. The figures are even worse than we had known before the elections,” he said.
According to Mr Kwakye Ofosu, the first Cabinet meeting was largely to set benchmarks for the Ministers, including briefings on security, the rollout plan for the 24-hour economy policy, the agriculture transformation agenda, and the state of the economy.
Per the Business Statement for the ensuing week, 30 questions are tabled to be answered by seven ministers in the House.
While 29 of the questions will be oral, one will be an urgent question.
The programmed ministers to attend upon the House will include; Energy and Green Transition; Local Government, Chieftaincy and Religious Affairs; Gender, Children and Social Protection; Lands and Natural Resources; Health; Foreign Affairs and Roads and Highways.
Meanwhile, according to the Business Statement, there will be a Committee of the Whole Meeting for the government statistician to engage MPs on Ghana’s statistical products, especially digital platforms.
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