• 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

Anne Juuko leads East African Development Bank as new CEO

The East African Development Bank has appointed Anne Juuko as its new chief executive, placing a seasoned banking…

Infobip appoints Mirta Pađen Lee as new VP of People to drive AI-first transformation

Global AI-first cloud communications platform Infobip has appointed Mirta Pađen Lee as Vice President of People, effective 1…

Mutual Trust MFBank appoints Josiah Ayoola Bukoye as new MD/CEO

Josiah Ayoola Bukoye has been appointed Managing Director and Chief Executive Officer of Mutual Trust MFBank Limited, the…

Standard Bank unites Namibia corporates for affordable housing tournament

Standard Bank Namibia’s Corporate and Investment Banking division has successfully hosted the third annual Padel for Purpose fundraising…

Leave a Reply

Your email address will not be published.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