The government has proposed a GH¢68.1 billion mini-budget to Parliament to fund essential expenditures for the first quarter of 2025.
This allocation, submitted by the Minister of Finance, Dr. Mohammed Amin Adam today, aims to ensure the uninterrupted delivery of critical government services during the transitional period.
The proposed amount will cover salaries of public sector workers, statutory payments, vital infrastructure maintenance, and social intervention programs.
The GH¢68.1 billion proposal is part of Ghana’s constitutional requirement during transition years to avoid fiscal disruptions. It bridges the gap between outgoing and incoming governments, ensuring public institutions remain operational while the new administration drafts its comprehensive financial plan for the year.
The Second Deputy Speaker Andrew Asiamah Amoako has referred the mini-budget to Parliament’s Budget and Finance Committees for detailed scrutiny. The committees will review the proposed figures and policies before presenting their findings to the House for debate and approval.
Parliament will reconvene later on January 2, 2025, to formally receive and deliberate on the budget. The discussions will focus on justifying the proposed GH¢68.1 billion allocation, with an emphasis on its ability to address urgent national needs during the first quarter.