The Minister of Finance, Dr. Cassiel Ato Forson, is set to present the 2025 Budget Statement and Economic Policy to Parliament today, marking the first major economic blueprint of the Mahama administration since assuming office.
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.
