Finance Minister Dr. Cassiel Ato Forson
Audio By Carbonatix
The Finance Minister Dr Cassiel Ato Forson has outlined financial allocations for various sectors and initiatives in the 2025 budget, with a focus on education, infrastructure, social protection, and disaster relief.
The allocations aim to support the government's economic recovery and development priorities, addressing immediate concerns while laying the foundation for long-term growth.
In all, there were 19 allocations highlighted in the budget and they include:
- Big Push Programme: GH¢13.85 billion (US$892.9 million)
- No-Academic-Fee Policy for First-Year Students in Public Tertiary Institutions: GH¢499.8 million (US$32.2 million)
- Distribution of Free Sanitary Pads to Female Students: GH¢292.4 million (US$18.9 million)
- Support for Victims of the Akosombo Dam Spillage: GH¢242.5 million (US$15.65 million)
- Support for Victims of the Tidal Wave Disaster in Ketu South: GH¢200 million (US$12.9 million)
- Free Secondary Education Programme: GH¢3.5 billion (US$225.8 million)
- Comprehensive Provision of Free Curricula-Based Textbooks: GH¢564.6 million (US$36.4 million)
- School Feeding Programme: GH¢1.788 billion (US$115.7 million)
- Capitation Grant: GH¢145.5 million (US$9.4 million)
- Teacher Trainee Allowances: GH¢203 million (US$13.1 million)
- Nursing Trainee Allowances: GH¢480 million (US$30.9 million)
- National Health Insurance Scheme (NHIS): GH¢9.93 billion (US$640.6 million)
- Ghana Road Fund: GH¢2.81 billion (US$181.3 million)
- District Assembly Common Fund (DACF): GH¢7.51 billion (US$484.5 million)
- Agriculture for Economic Transformation Agenda (AETA): GH¢1.5 billion (US$96.8 million)
- Seed Fund for the Establishment of the Women’s Development Bank: GH¢51.3 million (US$3.3 million)
- National Apprenticeship Programme: GH¢300 million (US$19.4 million)
- ‘Adwumawura’ Programme: GH¢100 million (US$6.5 million)
- National Coders Programme: GH¢100 million (US$6.5 million)
In all the total budget allocation across the various sectors amounts to GH¢43.3 billion, which is approximately US$2.79 billion when converted using the exchange rate of GHC15.50 to 1 US dollar as of today, March 11.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
MGL, poultry farmers roll out X’mas Egg Market to tackle egg glut
15 seconds -
ORIGIN8A: Decoding the hidden meaning and intentionality behind Samini’s new album
2 minutes -
Both sides willingly presented themselves for Bawku mediation process – Asantehene
6 minutes -
I’m not here to say who was right or wrong – Asantehene on Bawku peace process
12 minutes -
Asantehene presents Bawku Peace Mediation Report to Mahama
30 minutes -
Analysis: Ghana’s oil exports drop by over $1bn in the first 10 months of 2025
44 minutes -
Supreme Court slams EC officials for absenteeism in critical Kpandai re-run case
45 minutes -
Ghana’s problem is not Debt, it is production
57 minutes -
Inconvenient Truth: Educated, yet Strangely Useless
1 hour -
ECOWAS approves $2.8m each for Ghana, 4 others to fight terrorism
1 hour -
Ghana strengthens sickle cell care with national screening and management guidelines
1 hour -
Kpandai: NDC to proceed with campaign, suspension doesn’t mean cancellation – Computer
1 hour -
Idris Elba to redevelop Geese Park into landmark conference centre – GTA boss reveals
1 hour -
Ghana suffer 1-0 loss against South Africa in international friendly
2 hours -
When barriers to healthcare push people to treat themselves
2 hours
