Finance Minister: 2025 Budget to Address Stakeholder Concerns and Reforms

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KEY POINTS

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• The 2025 budget will reflect stakeholder concerns and economic priorities.
• Government seeks public support to ensure successful policy implementation.
• Major economic reforms will drive stability and long-term growth.

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Finance Minister Dr. Cassiel Ato Forson has guaranteed Ghanaians that the 2025 Budget Statement and Economic Policy will address the issues expressed by stakeholders during the National Economic Dialogue.

Finance minister promises a responsive 2025 budget

Prior to the budget presentation scheduled for March 11, Forson recognized difficulties in policy execution but underscored the necessity of public backing.

“Implementation poses a challenge; however, as a government, success is contingent upon securing the support of the citizens,” he stated. “The majority of the issues you have highlighted will be resolved in the budget.”

Forson stated that stakeholder contributions will be crucial in formulating the budget. He stated, “I will utilize the final communiqué as my reference for formulating recommendations to the Cabinet for adoption and approval.”

Nevertheless, he emphasized that governmental initiatives alone will be insufficient. “We implore you to assist us in enlightening the public regarding the necessity to recalibrate and reform the economy,” he stated.

He underscored the interconnections among macroeconomic policy, the private sector, infrastructure, governance, and corruption, stressing the necessity for substantial reforms.

The resolution is evident. We are aware of the issues and the necessary actions to rectify them. “We must now commence implementation,” he stated.

The forthcoming budget is anticipated to delineate essential reforms intended to stabilize the economy and stimulate growth.

Finance Minister Dr. Cassiel Ato Forson has guaranteed Ghanaians that the 2025 Budget Statement and Economic Policy will address the issues expressed by stakeholders during the National Economic Dialogue.

Public support is crucial for successful implementation

Prior to the budget presentation scheduled for March 11, Forson recognized difficulties in policy execution but underscored the necessity of public backing.

“Implementation poses a challenge; however, as a government, success is contingent upon securing the support of the citizens,” he stated. “The majority of the issues you have highlighted will be resolved in the budget.”

Forson stated that stakeholder contributions will be crucial in formulating the budget. He stated, “I will utilize the final communiqué as my reference for formulating recommendations to the Cabinet for adoption and approval.”

Nevertheless, he emphasized that governmental initiatives alone will be insufficient. “We implore you to assist us in enlightening the public regarding the necessity to recalibrate and reform the economy,” he stated.

According to Joynews, he underscored the interconnections among macroeconomic policy, the private sector, infrastructure, governance, and corruption, stressing the necessity for substantial reforms.

The resolution is evident. We are aware of the issues and the necessary actions to rectify them. “We must now commence implementation,” he stated.

The forthcoming budget is anticipated to delineate essential reforms intended to stabilize the economy and stimulate growth.