• 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

Blockchain Leaders Call for Smarter Regulation at Africa Finance Festival 2026

The just-concluded Blockchain Live session at the 6th Africa Finance Festival (AFF) 2026 brought together some of Africa’s…

MTN Nigeria’s Q1 2026 profit surges 165.9% to $258.5m

MTN Nigeria Communications Plc has reported a strong start to the year, with profit after tax surging 165.9%…

Aishah Ahmad warns weakening global cooperation risks economic stability in Africa

Global finance and governance expert Aishah Ahmad has highlighted growing concerns over the weakening of global economic cooperation,…

Ecobank Uganda profits soar 125% to UGX 24.3bn in 2025

Ecobank Uganda delivered a stellar performance in 2025, recording a 125% jump in Profit After Tax to UGX…

Leave a Reply

Your email address will not be published.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