Audio By Carbonatix
The Finance Minister Dr Mohammed Amin Adam, has finally presented the first quarter of the 2025 budget after weeks of delay which led to a government shutdown at the start of the New Year.
The mini budget was stuck in the middle of a disagreement between the then minority NDC and majority NPP in Parliament over some outstanding government business notably some request for tax waivers.
The outgoing government is requesting 68.1 billion cedis to keep the government running until the incoming John Mahama government presents its substantive budget for 2025.
Second Deputy Speaker of Parliament, Andrew Asiamah Amoako referred the document to the Budget and Finance Committees for detailed review. The committees are tasked with scrutinizing the figures and policies before reporting back to the House for debate and approval.
The temporary budget will take care of the salaries of public sector workers, statutory payments, critical infrastructure maintenance, and fund the government's social intervention programmes.
On December 20th, 2024, Parliament adjourned without the reading of the mini-budget statement.
The Vote on Account, a provisional financial measure, was essential for government operations until the full 2025 budget is approved by the incoming administration.
However, parliamentary proceedings were stalled when the Finance Minister failed to appear, leaving members, especially on the NDC side frustrated.
Both sides of the House engaged in blame game for the situation.
Latest Stories
-
Ghana’s Farida Iddriss elected Secretary-General of Africa Aquatics Zone II
38 seconds -
Amin Adam commissions four health facilities in Karaga
5 minutes -
Ghana’s state-owned enterprises return to profit with GH¢19.8bn gain in 2025 — SIGA
56 minutes -
Fuel prices set to rise again from Sept 1; petrol could hit GH¢16.21 – COPEC
3 hours -
REGSEC restricts Akwasidae celebrations in Denkyira amid security concerns
3 hours -
Eric Adjei distributes free fertiliser to farmers in Jaman North
3 hours -
Akufo-Addo urges NPP factions to unite behind Bawumia for 2028 victory
3 hours -
NDC mourns Western Regional Elections Director Papa Assan
3 hours -
Minerals Commission warns against fake job recruitment schemes
3 hours -
NYA CEO Osman Ayariga rallies youth against drug abuse at ‘Red Means Stop’ campaign
4 hours -
10 recruits dismissed for defying phone ban – Interior Minister
4 hours -
IEAG commends GoldBod, BoG for improving forex stability
4 hours -
Bawumia donates GH¢50,000 to St Jude Catholic Church at Weija
4 hours -
Mahama calls for faster mobilisation of AU Peace Fund resources
4 hours -
Amin Adam pays tribute to late Tolon Paramount Chief
4 hours