Finance Minister presents GH¢68.1bn mini-budget for first Quarter 2025

The Minister of Finance, Dr. Mohammed Amin Adam, has submitted the Expenditure in Advance of Appropriation for the period January to March 2025 to Parliament.

The proposed 2025 mini-budget, amounting to GH¢68.1 billion, is intended to cover essential government expenses during the first quarter of the year.This provision ensures continuity of operations pending the presentation of a full budget by the incoming administration, which will govern for the remainder of 2025.

Key areas expected to benefit from the allocation include salaries of public sector workers, statutory payments, critical infrastructure maintenance, and funding for social intervention programs.

The mini-budget serves as a constitutional requirement during a transition year to prevent fiscal disruptions.

Following its submission, Second Deputy Speaker Andrew Asiamah Amoako referred the document to the Budget and Finance Committees for detailed review. The committees are tasked with scrutinizing the figures and policies before reporting back to the House for debate and approval.

Parliament is set to reconvene later on January 2, 2025, for the Finance Minister to formally present the budget to members, after which deliberations and discussions are expected to follow.