Finance Minister Urges Parliament to Support 2025 Budget for Economic Growth
Finance Minister Dr. Cassiel Ato Forson has called on Parliament to fully back the government’s 2025 budget, emphasizing key revenue and expenditure measures aimed at driving economic growth and achieving fiscal stability.
Speaking at the 2025 Post-Budget Workshop in Parliament, Dr. Forson underscored the importance of swift legislative approval for the proposed initiatives to ensure their successful implementation.
“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 call on this esteemed House, particularly my colleagues, the Members of Parliament, to support these measures and pass the necessary legislations as soon as possible,” he stated.
24-Hour Economy and Big Push Initiative
Among the major proposals in the budget is the 24-hour economy policy, a government-led initiative aimed at fostering inclusive growth and job creation by expanding economic activities beyond traditional working hours.
“We are proposing to roll out the 24-hour economy policy to support inclusive growth and job creation. We also propose to roll out the GH¢10 billion Big Push policy beginning this year,” Dr. Forson announced.
The Big Push initiative is expected to focus on infrastructure development, unlocking investment opportunities in key sectors such as agriculture, manufacturing, and services, and boosting economic productivity.
Establishment of Ghana Gold Board
The Finance Minister also revealed plans to establish the Ghana Gold Board, an entity aimed at improving foreign exchange inflows and building the country’s gold reserves to enhance macroeconomic stability.
“We are proposing the establishment of the Ghana Gold Board to support foreign exchange inflows and gold reserve accumulation to benefit our dear country,” he noted.
Call for Swift Legislative Action
Dr. Forson concluded by stressing the urgency of legislative approval to facilitate the smooth rollout of these initiatives, reaffirming the government’s commitment to fiscal discipline, economic recovery, and sustainable development.
