Accra: Dr Cassiel Ato Baah Forson, the Minister of Finance, will present the Business Statement and Economic Policy of the government for the year ending December 31, 2025, to Parliament on Tuesday, March 11. The presentation aligns with Article 179 of the 1992 Constitution. This announcement was made on Friday by Mr Kweku Ricketts-Hagan, the Deputy Majority Leader, during the presentation of the Business Statement for the ninth week ending Friday, March 14, on the Floor of the House.
According to Ghana News Agency, Mr Ricketts-Hagan emphasized the importance of the budget presentation and urged Members of Parliament (MPs) to ensure their presence in the House on the specified date. Additionally, he called upon the Ministry of Finance and other ministries to submit their sectoral estimates to Parliament promptly for consideration and approval. He mentioned that a post-budget workshop would be organized for all MPs, with details to be communicated later.
The budget is anticipated to offer a comprehensive analysis of the economy and outline the government's policy proposals aimed at advancing Ghana's economic transformation agenda, in line with President John Dramani Mahama's vision. During a media briefing, the Minister for Government Communications, Mr Felix Kwakye Ofosu, disclosed that the policies in the budget will be shaped by recommendations from the National Economic Dialogue held earlier in March.
Mr Kwakye Ofosu highlighted that the first Cabinet meeting focused on setting benchmarks for Ministers, which included discussions on security, the rollout plan for the 24-hour economy policy, the agriculture transformation agenda, and the current state of the economy. He noted that Dr Forson informed the Cabinet that the economic situation is challenging, with figures worse than anticipated before the elections.
Per the Business Statement for the upcoming week, 30 questions are scheduled to be addressed by seven ministers in the House. Of these, 29 will be oral questions, while one will be an urgent question. The ministers expected to appear include those responsible for Energy and Green Transition, Local Government, Chieftaincy and Religious Affairs, Gender, Children and Social Protection, Lands and Natural Resources, Health, Foreign Affairs, and Roads and Highways.
Meanwhile, the Business Statement indicates that there will be a Committee of the Whole Meeting for the government statistician to engage with MPs on Ghana's statistical products, especially digital platforms.
