Ato Forson Declares Ghana’s Defining Moment in 2025 Budget Presentation

Dr. Cassiel Ato Forson presented the 2025 Budget, highlighting a crucial moment for Ghana’s economy, where bold decisions are essential for growth. This marks the first budget of the Mahama administration, focusing on current economic challenges and proposed interventions. Dr. Forson is set to discuss inherited conditions from the prior administration and various social policies.

In a significant statement, Dr. Cassiel Ato Forson, the Minister of Finance, emphasized the need for decisive actions to enhance Ghana’s economic growth during his presentation of the 2025 Budget on March 11, 2025. He asserted, “Ghana’s defining moment is now,” indicating a critical juncture for the nation.

This presentation marks the inaugural Budget and Economic Policy of the John Dramani Mahama administration, aligning with Article 179 of the 1992 Constitution and Section 21 of the Public Financial Management Act, 2016 (Act 921). Dr. Forson is poised to address the current economic realities and outline the administration’s strategic objectives to address prevailing challenges.

Additionally, Dr. Forson will provide an update on the economic conditions inherited from the previous administration led by Nana Addo Dankwa Akufo-Addo. He is also expected to discuss various social intervention initiatives, including the Free Senior High School program, the No-Academic-Fee policy, and trainee allowances, among others.

Dr. Ato Forson’s presentation underscores a pivotal moment in Ghana’s economic landscape, emphasizing the necessity for bold reforms to foster growth and financial stability. Through outlining the government’s objectives and current economic challenges, the Finance Minister aims to provide clarity and direction for the Mahama administration’s handling of Ghana’s fiscal future.

Original Source: www.ghanaweb.com