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
-
Motorists and pedestrians decry worsening encroachment on roads and pavements in Avenor
3 hours -
Mexico beat South Africa in dramatic World Cup opener as three players sent off
4 hours -
Gov’t releases GH¢537m to cover tuition fees of 159,750 students under No Fees Stress Policy
4 hours -
Twice in a year, Chairman Wontumi’s lead lawyer has walked away
5 hours -
CSOs mount strong defence of OSP ahead of Supreme Court verdict
6 hours -
Telecel launches Ashanti Codes to equip youth with digital and AI skills
6 hours -
Cash for awards controversy: Minority demands parliamentary inquiry
6 hours -
Abronye DC granted permission to travel to UK for master’s programme
6 hours -
Government has stabilised economy, jobs will follow — Ricketts-Hagan
6 hours -
World Cup ticket allocations for Ghanaian diaspora not yet received -UN Mission
6 hours -
PURC, ECG and GRIDCo align plans to ensure stable power supply during 2026 FIFA World Cup
7 hours -
Ghana launches National Shea Commodity Platform to commercialise shea production
7 hours -
Bawumia holds talks with British High Commissioner in Accra
7 hours -
AFF study documents 115 edible forest species and indigenous knowledge in biodiversity hotspot
7 hours -
Fortune names Yellow Card among top global crypto innovators
7 hours