Audio By Carbonatix
In a decisive move to restore public confidence in government expenditure, President John Dramani Mahama has unveiled a comprehensive suite of austerity measures aimed at drastically curbing public spending and promoting more efficient utilisation of national resources.
Among the most striking directives is the cancellation of fuel allowances for government appointees—a policy anticipated to save the nation millions of cedis annually. This initiative forms part of a wider effort to streamline governmental operations and eliminate wasteful spending.
The Mahama administration has also reduced the number of ministers from 124 under the previous government to a leaner 60, effectively halving the ministerial positions.
This single measure is projected to yield savings amounting to hundreds of millions of Ghana cedis, substantially easing the financial load on the state.
In a symbolic yet impactful move, the government has slashed the budget for the 2025 Independence Day celebrations from GHS 15 million in 2024 to merely GHS 1.5 million, underscoring the call for modesty in national commemorations amid prevailing economic hardships.
Demonstrating a sustained commitment to fiscal responsibility, the allocation for Goods and Services and Capital Expenditure at the Office of Government Machinery has been reduced by GHS 419 million compared to the previous year.
Furthermore, the overall government budget has been trimmed by GHS 10 billion, reinforcing efforts to bring national spending under control.
To further entrench these cost-saving reforms, staffing at the Office of the President has been significantly reduced, lowering personnel costs and enhancing administrative efficiency.
In a bid to eliminate non-essential outlays, DSTV subscriptions in government offices have been terminated, and new restrictions imposed on official travel, including a ban on first-class flights for public officials.
These sweeping reforms reflect President Mahama’s unwavering commitment to prudent governance and responsible resource management.
As Ghana contends with economic turbulence, these measures are expected to stabilise public finances and restore trust in the leadership’s stewardship of the national purse.
Latest Stories
-
Chairman Wontumi challenges ‘no case’ ruling, seeks stay of trial
37 minutes -
Herdsman shot dead by masked gunmen near Wellembelle
48 minutes -
Committee for Public Accountability demands disclosure of McDan Aviation terminal takeover
1 hour -
Every team is beatable – Otto Addo ahead of Austria clash
2 hours -
French court hands Islam scholar Tariq Ramadan 18-year jail term for rape
2 hours -
Understanding Autism: Empowering children with different abilities in Ghana
2 hours -
Army commander convicted of Guinea stadium massacre dies in prison
2 hours -
Rescuers attempt to save stranded humpback whale off German coast
2 hours -
Three escape unhurt as diesel truck overturns in Oti Region
2 hours -
Empowering the next generation: ‘Roll up your sleeve 26’ inspires students to dream big and act now
2 hours -
GCB Bank strengthens market leadership with record GH¢3.2bn profit in 2025
2 hours -
GAMI students explore Ghana’s heritage with educational tour to Aburi Botanical Gardens
2 hours -
ShEquity trains 15 Ghanaian SMEs to tap into carbon market opportunities
2 hours -
‘Being the President’s brother shouldn’t stop Ghanaian ownership’ – Agyeman-Duah on Damang mine
2 hours -
Fire breaks out at rubber recycling facility in Afienya
2 hours
