Ghana’s Parliament has been adjourned to January 2, 2024, after the Finance Minister, Dr. Mohammed Amin Adam, failed to present the much-anticipated 2025 Mini-Budget before the close of the current session.
The Mini-Budget, a constitutional requirement designed to provide a fiscal outlook for the upcoming year, was expected to address key economic issues, including revenue mobilization, expenditure priorities, and strategies for fiscal consolidation before the next administration takes over.
Despite high expectations, the presentation did not occur, prompting Speaker Alban Bagbin to adjourn proceedings.
Speaking to the press after the adjournment, Minority Leader Dr. Cassiel Ato Forson expressed disappointment over the Finance Minister’s inability to fulfil this crucial mandate.
“There is no cause for alarm ladies and gentlemen. Even though there will be no Finance Minister on the 7th of January 2025, the vice president can present to this House the Expenditure in Advance of Appropriation.”
The Majority Leader, Alexander Afenyo-Markin attributed the inability of the Finance Minister to present the 2025 Mini budget to what he deems as the lawlessness of the minority group.
He, however, assured that the expenditure in advance of appropriation will be laid by the Finance Minister when the house resumes on January 2, 2024.
Citinews