Minister for Communications and Digitisation, Felix Kwakye Ofosu, has expressed optimism ahead of the 2025 mid-year budget review, assuring Ghanaians of positive developments.
Speaking on Asempa FM’s Ekosii Sen, Mr. Ofosu highlighted signs of economic recovery, including a strengthening cedi and declining inflation, as indications that the government’s policy measures and fiscal discipline are yielding results.
“Absolutely, there will be good news that will bring calm among Ghanaians. Already, we are seeing positive signs. We cannot do everything within four years, let alone six months, but I believe largely, the expectations of Ghanaians have been met,” he said.
The Finance Minister, Dr. Cassiel Ato Forson, is expected to present the mid-year budget review to Parliament on Thursday, July 24, 2025. The presentation is in line with Section 28 of the Public Financial Management Act, 2016 (Act 921).
The review will provide an update on the implementation of the 2025 budget, focusing on the government’s economic and fiscal performance during the first half of the year.
It is also expected to outline any proposed amendments to fiscal strategies in response to evolving economic conditions, particularly in areas such as revenue generation, public expenditure, debt servicing, and structural reforms.
Dr. Forson is further anticipated to report on the country’s macroeconomic indicators—such as inflation and exchange rate trends—and update the public on whether Ghana is on course to meet its end-of-year revenue targets.
Source: Gertrude Otchere
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