Dr. Cassiel Ato Forson, the Finance Minister is expected to present the 2025 Budget in Parliament today, Tuesday, March 11, 2025.
The presentation, which aligns with Article 179 of the 1992 Constitution, was announced on Friday by Deputy Majority Leader, Mr. Kweku Ricketts-Hagan, during the Business Statement for the ninth week ending Friday, March 14.
The highly anticipated budget is expected to outline key policy directions and economic strategies aimed at stabilizing the economy, fostering growth, and addressing the country’s fiscal challenges.
A major highlight of the budget is the expected removal of several controversial taxes, including the Electronic Transfer Levy (E-Levy), the COVID-19 Health Levy, and the Betting Tax.
These levies, introduced by the previous government, were widely criticized for placing additional financial burdens on Ghanaians.
The Mahama administration has consistently pledged to ease the tax burden on individuals and businesses while implementing measures to stimulate economic recovery.
The removal of these taxes is expected to provide relief to mobile money users, businesses, and individuals engaged in online betting.
Beyond tax policy, the budget is also expected to focus on job creation, infrastructure development, and social interventions aimed at improving the livelihoods of Ghanaians.