Speaking at the opening of the 2025 Post-Budget Workshop in Parliament, Dr. Forson highlighted major transformational initiatives in the budget, including the Big Push initiative, the establishment of the Ghana Gold Board, and Agriculture for Economic Transformation.

“We have outlined a number of revenue and expenditure measures in the 2025 budget to support the achievement of our fiscal objectives and targets. And we would like to call on this esteemed House, particularly my colleagues, the Members of Parliament, to support these measures and the passage of the various legislations that will operationalise the measures as soon as possible,” he urged.

Dr. Forson further outlined key initiatives aimed at driving sustainable economic growth.

“Some initiatives that we have proposed for implementation in this budget are as follows: we are proposing to roll out the 24-hour economy policy to support inclusive growth and job creation. We also propose to roll out the GH¢10 billion Big Push policy beginning this year.

“We are proposing the establishment of the Ghana Gold Board to support foreign exchange inflows and gold reserve accumulation to benefit our dear country,” he added.

READ ALSO:

• 2025 budget: We could benefit significantly if… – Former Deputy Finance Minister
• Prof. Quartey cautions gov’t against capital market return

Speaking at the opening session of the National Economic Dialogue on Monday, March 3, he emphasized the significance of this financial reprieve in supporting the nation’s economic recovery.

Dr. Forson explained that the savings from the lower T-bill rates would be redirected toward critical sectors of the economy to enhance development.

“The recent reduction in T-bills alone is saving Ghana about one billion Ghana cedis, and that money can be channeled to critical areas of the economy,” he stated.

He stressed that this move was essential for ensuring prudent fiscal management and reducing the government’s borrowing costs.

According to the Finance Minister, the government remains committed to implementing measures that promote economic stability and sustainable growth.

He highlighted the need for continuous fiscal discipline, adding that lower borrowing costs would ease the financial burden on the state and free up resources for productive investments.

Dr. Forson urged stakeholders to support ongoing economic reforms aimed at restoring macroeconomic stability.

He noted that while the reduction in T-bill rates was a step in the right direction, further policy interventions would be necessary to strengthen Ghana’s financial position.

READ ALSO:

• CHRAJ Theft: Court jails job seeker for stealing mobile phone
• Confusion rocks the Forestry Commission over the new CEO’s alleged refusal to revoke ‘illegal’ promotions
• Tidal waves destroy 51 houses and displace over 300 in Agavedzi