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Finance Minister announces 19 initiatives costing GH¢43.3 billion to implement

March 11, 2025
Ato

The Finance Minister, Dr. Cassiel Ato Forson, has detailed a number of initiatives that the ruling National Democratic Congress (NDC) will roll out as part of efforts to provide relief to Ghanaians across all sectors of the economy.

The ¢43.3bn allocation to various sectors of the economy will focus on education, infrastructure, social protection, and disaster relief.

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Finance Minister Dr. Cassiel Ato Forson announced this on Tuesday, March 11, 2025, when he presented the budget before Parliament.

The 19 announced initiatives cost GH¢43.3 billion (approximately US$2.79 billion) based on the current exchange rate of GHC15.50 to 1 US dollar (March 11).

Below are the 19 initiatives and the cost involved

  1. Big Push Programme: GH¢13.85 billion (US$892.9 million)
  2. No-Academic-Fee Policy for First-Year Students in Public Tertiary Institutions: GH¢499.8 million (US$32.2 million)
  3. Distribution of Free Sanitary Pads to Female Students: GH¢292.4 million (US$18.9 million)
  4. Support for Victims of the Akosombo Dam Spillage: GH¢242.5 million (US$15.65 million)
  5. Support for Victims of the Tidal Wave Disaster in Ketu South: GH¢200 million (US$12.9 million)
  6. Free Secondary Education Programme: GH¢3.5 billion (US$225.8 million)
  7. Comprehensive Provision of Free Curricula-Based Textbooks: GH¢564.6 million (US$36.4 million)
  8. School Feeding Programme: GH¢1.788 billion (US$115.7 million)
  9. Capitation Grant: GH¢145.5 million (US$9.4 million)
  10. Teacher Trainee Allowances: GH¢203 million (US$13.1 million)
  11. Nursing Trainee Allowances: GH¢480 million (US$30.9 million)
  12. National Health Insurance Scheme (NHIS): GH¢9.93 billion (US$640.6 million)
  13. Ghana Road Fund: GH¢2.81 billion (US$181.3 million)
  14. District Assembly Common Fund (DACF): GH¢7.51 billion (US$484.5 million)
  15. Agriculture for Economic Transformation Agenda (AETA): GH¢1.5 billion (US$96.8 million)
  16. Seed Fund for the Establishment of the Women’s Development Bank: GH¢51.3 million (US$3.3 million)
  17. National Apprenticeship Programme: GH¢300 million (US$19.4 million)
  18. ‘Adwumawura’ Programme: GH¢100 million (US$6.5 million)
  19. National Coders Programme: GH¢100 million (US$6.5 million)

By: Rainbowradioonline.com/Ghana

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