Audio By Carbonatix
Member of Parliament for Tano North, Dr Gideon Boako, has attributed the increased expenditure of the current National Democratic Congress (NDC) government to the strong economic foundation left by the previous administration.
Speaking during the debate on the 2025 budget statement, he argued that the growth of the economy under the previous government has allowed the new administration to seek higher spending levels.
Dr Boako pointed out that despite the NDC coming into office with a promise to reset the economy and cut expenditure, they are now requesting significantly more funds than their predecessors.
“Mr Speaker, it is important to stress that because the economy has grown, we have seen the new government making decisions and coming to Parliament to seek more funds in relation to our GDP and how much government wants to spend,” he stated.
He highlighted the sharp increase in government expenditure, noting that the new administration has proposed spending GH¢290 billion in 2025, compared to the GH¢250 billion spent in 2024.
“Anybody would have thought that a government that came on the back of reset and cut expenditure would spend less than what it came to meet, but today we have seen the government seeking to spend GH¢290 billion,” he remarked.
Dr Boako insisted that this rise in expenditure is a direct result of the previous government’s efforts to expand the economy.
He emphasised that without the economic growth recorded under the previous administration, the new government would not have had the fiscal space to propose such a significant increase in spending.
Latest Stories
-
ECG restores electricity credit purchases for MMS-compliant meters
19 minutes -
Gender Ministry, SOC-G, validates Non-Profit Organisation Secretariat operational documents
24 minutes -
ECG restores power credit purchases for MMS-compliant prepaid meters
28 minutes -
Nafan FC crowned champions of inaugural PAJ Foundation giveback tournament
59 minutes -
Prof H. Prempeh questions compulsory retirement at 60, proposes extended working age for lecturers
1 hour -
Trump says progress made in Ukraine talks but ‘thorny issues’ remain
2 hours -
Fear and confusion in Nigerian village hit in US strike, as locals say no history of ISIS in area
2 hours -
Health Minister calls for collective action to fast-track Western North’s development
2 hours -
Mahama Ayariga leads NDC delegation to Bawku ahead of Samanpiid Festival
7 hours -
Edem warns youth against drug abuse at 9th Eledzi Health Walk
10 hours -
Suspension of new DVLA Plate: Abuakwa South MP warns of insurance and public safety risks
10 hours -
Ghana’s Evans Kyere-Mensah nominated to World Agriculture Forum Council
11 hours -
Creative Canvas 2025: King Promise — The systems player
11 hours -
Wherever we go, our polling station executives are yearning for Bawumia – NPP coordinators
11 hours -
Agricultural cooperatives emerging as climate champions in rural Ghana
12 hours
