Audio By Carbonatix
Former Minister of State at the Finance Ministry, Abena Osei Asare has criticised the 2025 Budget, stating that the government’s own budgetary allocations expose a disconnect between its rhetoric and reality.
Her comments follow the budget presentation by Finance Minister Dr Cassiel Ato Forson on Tuesday, March 11.
According to her, the budget fails to align with the government’s promises and could further destabilise the economy rather than put it on a recovery path.
Ms Osei Asare pointed out what she said are inconsistencies in the government’s financial planning, citing poor fund allocation and unrealistic revenue projections as major concerns.
“The government’s own budgetary allocations expose the disconnect between rhetoric and reality. The lack of consistency, misallocation of funds, and unrealistic revenue projections threaten Ghana’s economic recovery,” she stated.
She argued that while the government speaks of economic stability and growth, the figures in the budget do not support those claims.
She further warned that instead of steering Ghana towards financial stability, the budget risks deepening economic uncertainty.
“Instead of a true reset, this budget risks worsening economic instability,” she noted.
According to her, the government’s approach to fiscal planning lacks a credible framework for sustainable recovery, and without major adjustments, the country could face more economic difficulties.
Ms Osei Asare called on policymakers and stakeholders to critically examine the budget and demand greater transparency and accountability.
She urged the government to present realistic financial plans that reflect the true state of the economy rather than relying on optimistic projections.
“Ghanaians deserve a budget that is honest, practical, and capable of delivering real economic relief,” she concluded.
Latest Stories
-
2026 World Cup: Cape Verde hold Spain to goalless draw in opener
1 minute -
Only 47% of ‘Big Push’ projects awarded through sole-sourcing — Gov’t
5 minutes -
2026 World Cup: Tunisia sack Sabri Lamouchi after opening match defeat to Sweden
9 minutes -
CSOs petition NTC over alleged teacher–student altercation at Nyinahin SHS
10 minutes -
Photos: President and political appointees present GHs6.1m to MahamaCares Fund
11 minutes -
Children engaged in hazardous illegal mining and farming practices drive dropouts in schools in Tano North
11 minutes -
Court strikes out application to dismiss East Legon property case
34 minutes -
Dozens walk out as Google boss Pichai addresses Stanford graduates
37 minutes -
NPP Constituency Chairman petitions regional executives over alleged election irregularities in Afigya Sekyere East
52 minutes -
Flood prevention requires collective action, not seasonal reactions
1 hour -
China detains two leaders of influential underground church
1 hour -
African brands gain modestly in consumer admiration, but global giants still dominate
1 hour -
Ghana has only two functional MRI machines in public hospitals – MahamaCares Assessment
2 hours -
IMF chief says no global slowdown in sight yet, but risks high
2 hours -
Advancing Ghana’s position in Global Business Services at the Executive Roundtable in London
2 hours