• Home
  • News
  • Finance Minister Submits GH¢68.1 Billion Mini-Budget to Parliament
Image

Finance Minister Submits GH¢68.1 Billion Mini-Budget to Parliament

The Minister of Finance, Dr. Mohammed Amin Adam, has presented the Expenditure in Advance of Appropriation for the first quarter of 2025 to Parliament. This mini-budget, totaling GH¢68.1 billion, aims to cover essential government expenses from January to March 2025, ensuring operational continuity until a full budget is presented by the incoming administration.

Key allocations include salaries of public sector workers, statutory payments, critical infrastructure maintenance, and funding for social intervention programs. This provision is a constitutional requirement during a transition year to prevent fiscal disruptions.

Second Deputy Speaker Andrew Asiamah Amoako has referred the document to the Budget and Finance Committees for detailed review. These committees will scrutinize the figures and policies before reporting back to the House for debate and approval.

Parliament is scheduled to reconvene on January 2, 2025, for the Finance Minister’s formal budget presentation, followed by discussions and deliberations.

Related Posts

Safaricom M-PESA and Awash Insurance Join Forces to Transform Insurance Payments in Ethiopia

Safaricom M-PESA has entered a strategic partnership with Awash Insurance, Ethiopia’s leading private insurance provider, to integrate its…

Ecobank Supports Traders Affected by Kantamanto Market Fire

Ecobank has swiftly mobilized critical support for affected traders in the wake of the devastating fire at Kantamanto…

Mastercard Strengthens Presence in Ghana with New Accra Office

Mastercard has expanded its operations in West Africa with the opening of its first office in Accra, Ghana.…

Ghana Government Records Oversubscription in Treasury Bill Auction

The government of Ghana has achieved an oversubscription in its short-term debt instrument auction for the second consecutive…

Leave a Reply

Your email address will not be published. Required fields are marked *