Finance Minister Calls for Parliament’s Support to Drive 2025 Budget Success

In a call for unity and action, Finance Minister Dr. Cassiel Ato Forson has urged Parliament to lend its full support to the government’s 2025 budget estimates, emphasizing key initiatives aimed at stimulating economic growth, job creation, and fiscal stability.

Speaking at the opening of the 2025 Post-Budget Workshop in Parliament, Dr. Forson outlined the government’s ambitious plans for the coming year, which include a mix of revenue-raising strategies and spending measures designed to accelerate economic recovery and achieve long-term growth.

“We have outlined a number of revenue and expenditure measures in the 2025 budget to support the achievement of our fiscal objectives and targets.

We are calling on this esteemed House, particularly my colleagues, the Members of Parliament, to support these measures and the passage of the various legislations that will operationalize these initiatives as soon as possible,” Dr. Forson said.

One of the most exciting proposals in the 2025 budget is the introduction of the 24-hour economy policy, which aims to enhance economic activity by fostering growth across key sectors such as agriculture, manufacturing, and services.

The goal is to create new job opportunities and boost productivity by tapping into the potential of a round-the-clock economy.

“Some initiatives we have proposed for implementation in this budget include the rollout of the 24-hour economy policy, which will support inclusive growth and job creation.

We are also introducing the GH¢10 billion Big Push policy, which will focus on infrastructure development and unlock opportunities in crucial sectors,” he added.

The Big Push policy is expected to significantly contribute to reducing poverty and accelerating economic growth, with a particular focus on creating sustainable job opportunities for Ghanaians.

In addition, the Finance Minister also shared details about the establishment of the Ghana Gold Board.

This new entity is designed to improve foreign exchange inflows and bolster the country’s gold reserves, helping to further stabilize the nation’s economy.

“We are proposing the establishment of the Ghana Gold Board to support foreign exchange inflows and gold reserve accumulation, benefiting our country’s long-term financial health,” Dr. Forson noted.

Concluding his remarks, Dr. Forson urged lawmakers to act swiftly to pass the necessary legislation to bring these initiatives into effect, reinforcing that the government’s plans can only succeed with the full backing of Parliament.